Dialog Group's Profits Likely to Improve

WSJ· 11:12

0312 GMT - Dialog Group's 2H FY 2025 profits are likely to improve on half, CGS International analyst Raymond Yap writes in a note. Earnings could be supported by several scheduled refinery and petrochemical plant turnaround jobs, compared with a quieter 1H, Yap says. The oil-and-gas tank terminal operator also looks set to exit a long drought of tank terminal contracts, with a big contract for conglomerate ChemOne Group on the horizon, Yap adds. CGS maintains its add rating on the stock and target price of MYR2.61. Shares are flat at MYR1.86. (amanda.lee@wsj.com)