The better results were on the back of higher certification works of work done for pre-commissioning works, Barakah said in a stock market announcement.
Higher revenue came in from the installation and construction services division which saw revenue rise 38% to MYR80.8m. Pipeline and commissioning services however saw revenue fall 14% to MYR56.1m from MYR65.2m previously.
For the first half however, net profit fell 57% to MYR6.5m as revenue also fell 24% to MYR240.3m.
Barakah said that despite the slight improvement in the oil price, the outlook for the O&G industry was expected to remain challenging over the short to medium term.
The poorer year-to-date results were blamed on the reduction in revenues generated from the pipeline services and hook-up commissioning services.
“Nevertheless, the group endeavours to replenish its order book through actively participating in new bids and tenders in the local and international market," Barakah said.
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