Coastal Contracts earnings within expectations


PETALING JAYA: Integrated oil and gas services and energy infrastructure solutions provider Coastal Contracts Bhd posted a nine-month to Sept 30, 2025 (9M25) core profit of RM56.7mil that was within expectations – at 71% of TA Research, and consensus’ full-year forecasts.

TA Research said, in a note to its clients, it was maintaining its target price of RM2.04 per share based on sum-of-parts valuation for the Coastal stock.

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