Enhanced earnings visibility likely for Yinson


CIMB Research is maintaining its forecasts for Yinson.

PETALING JAYA: Yinson Holdings Bhd is poised to enhance its long-term earnings visibility and deepen its foothold in the offshore energy sector, supported by a recent contract win that further expands its recurring income base and solidifies its regional presence.

Analysts said they believe the deal announced earlier this week strengthens the group’s position in Vietnam’s offshore market, building on a decade of successful project execution and growing demand for cleaner energy infrastructure.

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