KUALA LUMPUR: Yinson Holdings Bhd, offshore production company, said net profit fell in the first quarter ended April 30 due to the lack of one-off gains that boosted earnings last year.
Revenue fell 11% to RM209mil, following the loss of income from the charter for FPSO Allan in Gabon. The floating, production, storage and offloading vessel is being deployed to another location.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!