MISC’s LNG earnings likely to be stable going forward

MISC’s LNG earnings likely to be stable going forward
Maintain hold with a higher target price of RM7.08: MISC Bhd’s second quarter of its financial year ending Dec 31, 2018 (2QFY18) core net profit was 33% lower year-on-year (y-o-y) as tanker losses widened from poor freight rates, heavy engineering losses widened from higher-than-expected project costs, and liquefied natural gas (LNG) profits narrowed upon the ... read more
Source: Shipping NewsPublished on 2018-08-10
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