PETALING JAYA: Earnings for Pantech Group Holdings Bhd are expected to remain steady on the back of higher oil and gas( OG) projects.TA Research said this was given the resiliency in oil price due to Saudi Arabia’s commitment to cut oil production and maintain a floor on the oil price. Pantech recorded a 23.8% quarter-on-quarter hike for the first quarter of financial year 2024( 1Q24) revenue to RM244. 8mil, driven by higher deliveries to the OG sector for the trading division, which saw a 48.3%
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2023-08-29 00:00:00.0