not vested
Dialog group allocates RM700mil additional investment in Pengerang
Source: Bernama
https://www.thestar.com.my/business/bus ... -pengerang
Setting up Terminal Langsat 3 at its terminal operations in Tanjung Langsat, Johor for storage of renewable fuel products with a capacity of 24,000 cubic metres.
Setting up Terminal Langsat 3 at its terminal operations in Tanjung Langsat, Johor for storage of renewable fuel products with a capacity of 24,000 cubic metres.
Posted a net profit of RM127.15 million or 2.25 sen per share in its second quarter ended Dec 31, 2022 (2QFY23), down 0.6% year-on-year from RM127.88 million or 2.27 sen per share.
Revenue rising 46.4% year-on-year to RM797.01 million from RM544.49 million in 2QFY22.
Dialog owns a controlling stake in Thailand onshore oilfield operator Pan Orient Energy (Siam) Ltd, and has a 70% participating interest in the Baram Junior Cluster in Sarawak.
Better quarterly earnings ahead from rising tank utilisation and storage rates, and if it secures higher rates for plant maintenance work.
“Faster-than-expected progress in securing new customers for its Pengerang Deepwater Terminal is another strong potential catalyst.
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