{
  "id": 10634217,
  "title": "Yinson Q2 net profit rises 26.7pct to RM128mil",
  "url": "https://urgent.news/2026/09/29/yinson-q2-net-profit-rises-26-7pct-to-rm128mil",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T07:08:26.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/09/1543769/yinson-q2-net-profit-rises-267pct-rm128mil"
  },
  "original_language": "en",
  "account": "Yinson Holdings Bhd reported a 26.7% increase in net profit for Q2 FY27, reaching RM128 million compared to RM101 million in the same period last year. The rise in profit was primarily attributed to the absence of a one-time charge related to the refinancing of FSPO Maria Quitéria's loan into a US$1.16 billion project bond. However, the company's revenue experienced a 16.7% decline to RM1.13 billion from RM1.36 billion due to the lack of EPCI activities. Yinson's directors declared a Q2 interim dividend of one sen per share, amounting to approximately RM29 million, or three sen per share. The dividend is payable on Dec 18, 2026, with the entitlement date on Dec 4, 2026. Group Executive Chairman Lim Han Weng highlighted the successful sail-away and commissioning of FSO PTSC Lac Da Vang, emphasizing the company's execution prowess as it progresses towards its first oil and charter commencement in Q4 2026.",
  "summary": "KUALA LUMPUR: Yinson Holdings Bhd’s net profit for the second quarter ended July 31, 2026 (Q2 FY27) rose by 26.7 per cent to RM128 million from RM101 million in the same period last year.",
  "key_points": [
    "Yinson Q2 net profit rises 26.7% to RM128 million",
    "Revenue declines 16.7% to RM1.13 billion",
    "Dividend of one sen per share declared"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}