M+ Online
1st March 2022

Stock Digest - Suria Capital Holdings Bhd - Below Expectations, But Prospects Are Still Favourable

Moving forward, we expect total tonnage to record at 25.5m tonnes in FY22f. Following the re-opening of economic activities, the construction of a new jetty at Sapangar Bay Oil Terminal (SBOT) is largely on track for completion in subsequent months. The move will boost the capacity to undertaking additional port activities as current utilisation rate is averaging at close to 90.0%.

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