KUALA LUMPUR (AFX-ASIA) – Mud engineering specialist Scomi Group Bhd expects its 2004 net profit to rise 197% year-on-year to RM41.6 million, analysts said. (US$1=RM3.8). Chief executive officer Shah Hakim Zain told analysts this at a recent briefing. He attributed the better earnings forecast to the increased drilling fluid sales and secured contracts. Most analysts…
MALAYSIA: Scomi expects 2004 net profit to grow 197% year-on-year
Posted on May 25, 2004 by EnergyAsia