Bumi Armada's 1Q net profit rises to RM201.01mil

KUALA LUMPUR: Bumi Armada Bhd’s net profit for the first quarter ended March 31, 2023 (1Q 2023) rose to RM201.01 million from RM185.76 million in the corresponding period last year.

Its revenue for the quarter was higher at RM543.99 million from RM529.01 million a year ago, the oil and gas offshore oilfield services provider said in a filing with Bursa Malaysia today.