PETALING JAYA: Wasco Bhd (previously known as Wah Seong Corp) is expected to chart strong earnings growth as it rides the opportunities arising from the global energy transition.
RHB Research, which initiated coverage on the international oil and gas and industrial services provider, said the group’s order book as of the third quarter of 2023 stood at RM3.6bil, of which RM3.3bil or 92% is related to energy services, followed by bioenergy services at 8%.
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