Keyfield’s latest vessel buys to lift earnings

Kenanga Research expects Keyfield to post strong 2Q24 and 3Q24 results.

PETALING JAYA: Keyfield International Bhd’s decision to buy two more accommodation work boats will help it grow its earnings, analysts forecast.

Kenanga Research said Keyfield’s move to buy a second-hand accommodation work boat (AWB) from Belait Barakah Sdn Bhd for RM28.3mil will contribute to earnings as early as financial year 2025 (FY25).