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NewsCoastal Contracts Q3 pre-tax profit rises to RM39.554m
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Coastal Contracts Q3 pre-tax profit rises to RM39.554m
by Cals Wed 27 Nov 2013, 22:00
| Coastal Contracts Q3 pre-tax profit rises to RM39.554m |
| Business & Markets 2013 |
| Written by Bernama |
| Wednesday, 27 November 2013 18:24 |
Revenue increased to RM194.651 million from RM177.135 million previously, due to six units of vessels delivered in the quarter, the company said in a filing to Bursa Malaysia.
"The management foreseeS the medium to long term fundamentals remaining favourable, underpinned by positive oil prices and growing energy demand from developing economies," it added.
Coastal Contracts is a company that offers a wide range of marine services and vessels to worldwide clients of different industries.
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