Yinson posts RM120mil net profit in 1Q

The Star Business LogoThe Star Business1w ago

Yinson posts RM120mil net profit in 1Q

Quick Summary

KUALA LUMPUR: Yinson Holdings Bhd’s net profit grew 7.14% to RM120mil in the first quarter ended April 1, from RM112mil registered in the same quarter last year.

The advantage we have over our competitors is our knowledge and expertise in project management.“We remain steadfast on timely execution and will continue delivering powerful solutions that our stakeholders have come to expect of us in the second half of 2022,” Lim said.

Looking ahead, Lim said although the reopening of economies is hastening and businesses are starting to regain momentum, the war between Russia and Ukraine is still of concern.

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Article Details

Author / Journalist: The Star Online

Category: Economy

Topics: /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 19:10:00

News Timezone: GMT +8:00

News Source URL:

Language: English

Reading Time: 2 minutes read

Article Length: 350 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 5796

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About The Star Business

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Main Topics: Economy

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Update Frequency: 18 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1d ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

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Publisher ID: #22

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