Malaysian FPSO supplier Yinson saw its revenue and profit decline in the second quarter of 2019, but it is optimistic about near-term FPSO contract opportunities.
The company’s revenue for the quarter was 213 million Malaysian Ringgit, down from 246,5 million Malaysian Ringgit, a drop of around 13 percent.
Profit for the period fell more than 30 percent, coming in at 54,9 million Malaysian Ringgit, down from 80,3 million Malaysian Ringgit year ago.
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