Coastal Contracts Berhad - Bottom-Line Dragged by Impairment Loss
Coastal Contracts Berhad’s (COASTAL) 18MFY23 core profit of RM422.3mn came in within ours but above consensus expectations
257 Views
Coastal Contracts Berhad - A Sweet Contract Extension
OASTAL’s 50%-owned Mexican JV has secured a 22-month extension from Pemex for its gas sweetening services contract at Perdiz Plant until 31 Dec 2025.
128 Views
Coastal Contracts Berhad - Expects to Recover Majority of Provision for Delay Penalty
We trim our FY23/FY24/FY25 earnings forecasts by 7.6%/1.5%/0.9% respectively after lowering our utilisation rate assumptions for both Perdiz Plant...
568 Views
Coastal Contracts Berhad - Results Came Within Expectations
Coastal Contracts Berhad’s (COASTAL) 15MFY23 core profit of RM381.9mn accounted for 122% of ours and 128% of consensus’ full-year forecasts.
260 Views
Coastal Contracts Berhad - Confident of Perdiz Plant Contract Extension
We raise our FY24-FY26 earnings forecasts by 13.6%- 20.0% after raising our tariff for Papan Plant in line with revenue breakdown for Papan Plant...
252 Views