KUALA LUMPUR: EA Technique (M) Bhd (EATech) posted a revenue of RM31.6 million for the third quarter (Q3) ended Sept 30, 2024 (FY24) alongside a net p...
EATech executive director Datuk Wira Mubarak Hussain Akhtar Husin said the company’s diversified operations across oil and gas and marine services have been instrumental in driving recovery.
For the first nine months of FY24, EATech recorded revenue of RM93.4 million, slightly lower than RM99.9 million in the same period last year due to the expiration of an FSO vessel contract. The company’s firm contracts are valued at RM146.6 million, with additional optional contracts worth RM240.2 million, providing a strong foundation for continued profitability and growth.
Mubarak also reaffirmed EATech’s commitment to its PN17 upliftment journey, noting, “Our regularisation plan is complete, and we are diligently working toward completing the final steps to achieve full regulatory compliance. The company’s flagship FSO vessel Nautica Tembikai is currently available and positioned for deployment, with active plans to maximise its contribution to earnings.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'I know what I'm doing' - Verstappen hits back at criticsSAO PAULO: Formula One leader Max Verstappen hit back at critics of his driving on Thursday, saying he was a triple world champion who knew what he wa...
Read more »
Qantas plane returns to Australia airport due to 'engine failure', sparks fireSYDNEY: A Qantas plane made an emergency landing Friday due to a “contained engine failure” soon after taking off from Sydney Airport, sparking a gras...
Read more »
North Korea says test-fire 'perfected' new solid-fuel ICBMSEOUL: North Korea’s latest weapons test “perfected” its newest and most advanced solid-fuel intercontinental ballistic missile, state media said Frid...
Read more »
Canada on 'high alert' bracing for migrants fleeing USShe sought to reassure that Canada was ready for a possible uptick in migrant arrivals.
Read more »
Trump sues CBS over Kamala Harris '60 Minutes' interviewWASHINGTON: Republican presidential candidate Donald Trump sued CBS on Thursday over an interview of his Democratic rival Kamala Harris aired on its “...
Read more »
Sean 'Diddy' Combs proposes $50 million bail, is denied gag orderNEW YORK: Sean “Diddy” Combs on Friday proposed a new $50 million bail package backed by his Florida mansion that the music mogul hopes will win his r...
Read more »