KUALA LUMPUR: Bumi Armada Bhd
’s net profit almost doubled to RM633.99 million in the financial year ended Dec 31, 2024 (FY2024), against RM332.05 million in the previous year.
This is attributed to higher contributions from the Armada Olombendo floating production storage and offloading (FSPO) and Armada Kraken FPSO, the group said in a filing with Bursa Malaysia today.
