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Alam Maritim expects higher revenue after integration (5115)
by hlk Fri 22 Jun 2012, 18:45
KUALA LUMPUR: Alam Maritim Resources Bhd
expects higher revenue this year after the completion of the
integration of its offshore support vessels (OSV) and offshore
installation and construction (OIC) operations.
"The company can do better than last year. From the trend, the company has turned around," said its chairman Datuk Ahmad Sufian said its AGM on Friday.
However,
he declined to elaborate on the expected increase in revenue this year
as this would also hinge on the competition and volatile economic
conditions.
"We are a fully integrated company now, with the OIC
services that we offer. That will be our competitive edge and we hope
to ride on the North Malay Basin project to increase our revenue," he
added.
expects higher revenue this year after the completion of the
integration of its offshore support vessels (OSV) and offshore
installation and construction (OIC) operations.
"The company can do better than last year. From the trend, the company has turned around," said its chairman Datuk Ahmad Sufian said its AGM on Friday.
However,
he declined to elaborate on the expected increase in revenue this year
as this would also hinge on the competition and volatile economic
conditions.
"We are a fully integrated company now, with the OIC
services that we offer. That will be our competitive edge and we hope
to ride on the North Malay Basin project to increase our revenue," he
added.
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