(EnergyAsia, April 6) — MayBan Securities research house has placed a ‘buy’ rating on Malaysian-listed SapuraCrest Petroleum. Its fourth quarter results, pushing full-year net profit to RM74.9 million, came in above forecast. The lower turnover in the final quarter was due to reduced activities in the pipe installation and marine services businesses following bad weather…
MALAYSIA: MayBan Securities recommend ‘buy’ on SapuraCrest Petroleum
Posted on April 6, 2005 by EnergyAsia