MISC expects stronger performance in 2019 and 2020

TheStar Thu, Apr 25, 2019 07:55am - 4 years View Original


 Answering questions: Yee and MISC chairman Datuk Ab. Halim Mohyiddin speaking to reporters after the company’s AGM.

Answering questions: Yee and MISC chairman Datuk Ab. Halim Mohyiddin speaking to reporters after the company’s AGM.

KUALA LUMPUR: After a tough 2018, MISC Bhd is looking at a stronger performance this year and in 2020, as its past projects begin contributing to its bottomline, and anticipated better market conditions.

President and CEO Yee Yang Chien told a press conference that the company is expecting a “big jump” in 2020 as five shuttle tankers are commissioned and will begin contributing to its revenue.

“We are hoping for at least a 20% jump in our net operating cashflow in 2020, compared to 2018,” he said.

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