Yinson targets near US$1bil earnings by 2025

CEO Lim’s prediction is substantially above RM3.26bil, the most optimistic forecast among the six analysts polled by Bloomberg on Yinson’s 2026 ebitda. — Bloomberg

KUALA LUMPUR: Yinson Holdings Bhd, a Malaysian firm making vessels for offshore oil and gas production, expects to deliver close to US$1bil in core earnings as soon as 2025 amid strong demand, its top executive says.

“We have never been in such a good position to negotiate contracts,” chief executive officer Lim Chern Yuan said in an interview at his office in Singapore last week.