Revenue at the Kuala Lumpur-listed company jumped 27% year-on-year for the fourth quarter to MYR 2.4bil from MYR 1.9bn a year ago.

As well as weaker offshore activity, the Malaysian oilfield services company was hit by seasonal weakness as the monsoon season kicked in

“Going forward, we expect the market to remain challenging due to volatility in oil prices,” said chief executive officer Tan Sri Shahril Shamsuddin.

“We