Theanalysts expect the Malaysian offshore vessel builder to post a 75% year-on-yeargrowth in net profits to MYR46.3m ($15.3m).
“Growth will be driven by higher revenue fromvessel sales, the bulk of which will be booked at the point of sale,” said OUBKay Hian in a note to investors.
Inthe fourth quarter it sold nine build-to-stock vessels worth $153m, comparedwith $28m and $103m a year ago and in the third quarter.
“We
