KLSE (MYR): YINSON (7293)
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UncleFollower
1,557 posts
Posted by UncleFollower > 2023-05-31 16:41 | Report Abuse
One of YP’s goals is to increase our portfolio of proftable
assets, creating a long-term EBITDA of USD500 million. We
are reasonably optimistic that this goal can be achieved
given current market conditions which are favourable to
contractors. We will continue to be very selective about
the projects that we bid for, choosing to participate only
in those projects that will enable our portfolio to shift as
quickly as possible to meet our ambitious climate targets.
We believe that rising energy demand and high oil prices
will continue to ensure there are more than enough project
opportunities for YP in the years to come