PETALING JAYA: With a locked-in future revenue which has already exceeded Serba Dinamik Holdings Bhd
’s earlier FY2020 forecast target by 50%, the market is waiting for fresh guidance from the company on its order book.
That said, analysts are expecting Serba, which provides engineering services & solutions for oil and gas (O&G) production platforms, crude O&G refineries and petrochemical manufacturing plants to obtain additional contracts later this year.
In a note to clients, AmInvestment Bank Research said it expected additional contracts later this year as Serba aims to lease parts of its 170-acre Teluk Ramunia yard to third parties while targeting fresh jobs in decommissioning, petrochemicals and renewable sectors.
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