FPSO acquisition should see profits rally at Perisai Petroleum Teknologi

Kuala Lumpur: The acquisition of a floating production, storage and offloading (FPSO) facility has led to Perisai Petroleum Teknologi to project double-digit growth in net profit for 2013. The group reported a net profit of RM68.12m for the nine-month financial period ended Sept 30 last year, a five-fold jump from RM10.06m a year ago. The company is forecasting a net profit growth of 10-15% this year.  [18/01/13]

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