Dayang's latest contract win affirms positive outlook


PETALING JAYA: Dayang Enterprise Holdings Bhd’s latest contract win for the provision of six accommodation workboat vessels (AWBs) to PETRONAS Carigali Sdn Bhd (PCSB) is projected to add up to RM17mil in net profit for its financial year ending Dec 31, 2025 (FY25).

Phillip Capital Research estimated that the current spot daily charter rates (DCR) for AWBs with similar capacities range from RM120,000 to RM130,000, leading the firm to value the total contract between RM75mil and RM85mil.

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Dayang , workboat , contract , vessel , oil and gas , PETRONAS

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