KUALA LUMPUR: Coastal Contracts Bhd could see a rise in earnings this year and the financial year ending June 30, 2023 (FY23) from projects it has secured.
The secured projects include the second onshore gas conditioning contract on the Ixachi Field in Mexico with its joint-venture company, according to RHB Research.
The project, which is the largest contract obtained by the group, is valued at some RM4.5bil in totality.
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