(EnergyAsia, August 31) — MayBan Securities has reiterated its buy rating for Malaysian oil services company Scomi Group, after proclaiming the company’s second quarter financial results came within expectations. Scomi’s second quarter turnover rose by 12.4% quarter-on-quarter while net profit declined 14% due to negative goodwill adjustment in the first quarter. MayBan said:…
MALAYSIA: MayBan reiterates ‘buy’ for Scomi Group Bhd
Posted on August 31, 2005 by EnergyAsia