The Malaysian FPSO specialist achieved a net profit of MYR 101m ($27.2m) versus the MYR 99.7m seen a year ago.

Revenue inched up almost 2% year-on-year to MYR 253.6m, while costs declined by over 25% to MYR 120m.

For the full-year net profit jumped 77% to MYR 247.5m thanks to one-off gains from the disposal of a subsidiary and joint venture.

Revenue was up close to 15% to MYR 1.08bn