Coastal Contracts sees stronger earnings visibility from vessel deliveries

🌐 Borneo Post (MY) —
Coastal Contracts sees stronger earnings visibility from vessel deliveries

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Coastal Contracts Bhd anticipates stronger earnings momentum in FY2026's second quarter supported by scheduled offshore support vessel deliveries and continued charter activity. The positive outlook is reinforced by TA Securities maintaining its buy recommendation on the company.

KUCHING (May 28): Coastal Contracts Bhd (Coastal Contracts) is expected to see improved earnings momentum from the second quarter of FY2026 onwards, supported by scheduled offshore support vessel (OSV) deliveries and continued vessel charter activity. The research house with TA Securities Bhd (TA Research) maintained its buy call on the oil and gas support services [...] The post Coastal Contracts sees stronger earnings visibility from vessel deliveries appeared first on Borneo Post Online.

Markets Shipping Coastal Contracts Bhd earnings outlook offshore vessels vessel deliveries shipping charter Malaysia

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