Yinson remains on growth path


KUALA LUMPUR: Despite a weaker FY22 earnings result, Yinson Holdings Bhd's long-term prospects remain intact as it continues to seek growth opportunities in the FPSO and renewables segments, said Kenanga Research.

While the group's FY22 core Patami of RM411mil was down 36%, Kenanga said it was within expectation while remaining optimistic over its growth outlook.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Kenanga , Yinson , oil and gas , ESG

Next In Business News

Trading ideas: Gamuda, Coastal, Petron, Duopharma, Ni Hsin, Asteel, Scanwolf, Genting, PetChem, TM, KPJ, Kossan, MNRB, TH, DNeX, DRB-Hicom, 7-Eleven
Real Madrid’s boss adds to wealth with AI-led firm
Asteel Group in RM14mil contract win
Genting’s quarterly performance improves
PetChem returns to the black in 1Q
Pecca appoints Mazlan Mansor as chairman
Genting Plantations earnings hinge on CPO prices
Bumi Armada 1Q net profit drops to RM40mil
OSK acquires Kedah land for RM41mil
SpaceX reveals Musk company links

Others Also Read