Yinson records net profit of RM203mil in 1Q

KUALA LUMPUR: Yinson Holdings Bhd said it expects to transition into a phase of stable growth as its floating production storage and offloading (FPSO) vessels under construction commence their charter periods over the next couple of years.

In a filing with Bursa Malaysia, the group said the start of charters for FPSO Atlanta, FPSO Maria Quiteria and FPSO Agogo will see the group receive steady, contracted income streams for the next few decades.