Yinson’s 3Q earnings rise on lower administrative expenses

Yinson’s 3Q earnings rise on lower administrative expenses

The Malaysian Reserve-News·2019-12-19 14:38

YINSON HOLDINGS Bhd‘s floating, production, storing and offloading (FPSO) vessels business continues to be profitable with earnings rising 24.36% year-on year (YoY) to RM53.97 million in the third quarter ended Oct 31, 2019 (3Q19), supported by lower administrative expenses and higher profit from operations.

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