PVS - Recurring profit broadly in line; FSO provision expenses dampen reported profit - Earnings Flash
  • 2022-01-28T00:00:00
  • Company Research

PVS posted 2021 results with revenue and recurring NPAT-MI dropping 29.5% YoY and 8.7% YoY, respectively, due to fewer jobs for the M&C segment that did not feel the impact of rising oil prices as PVS only had work from two projects (Gallaf and Thi Vai LNG terminal) in 2021.

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