Alam Maritim expects 30% from order book to be recognised this year
SERI KEMBANGAN: Alam Maritim Resources Bhd expects 30% of its RM990mil order book to be recognised in the group’s current financial year ending Dec 31, 2019, group managing director Datuk Azmi Ahmad said.
The order book comprises several contracts namely the RM500mil subsea services, RM250mil offshore installation and construction (OIC) and the remaining RM240mil offshore support vessels (OSV).
Speaking to reporters after the company’s AGM yesterday, he said these contracts would keep the company busy for between two and five years.
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