Maybank IB Research said despite Frontken’s second quarter 2024 Malaysian turnover falling short, the company’s oil and gas operations have historically been profit-making.
PETALING JAYA: Frontken Corp Bhd
’s second half (2H24) prospects look bright underpinned by several growth drivers amid downside risks.
Maybank Investment Bank (Maybank IB) Research, in a recent meeting with the company’s management, said despite Frontken’s second quarter 2024 (2Q24) Malaysian turnover falling short, the company’s oil and gas (O&G) operations have historically been profit-making.
