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Thread: Dialog Group Berhad (MYX:7277)

  1. #1
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    Dialog Group Berhad (MYX:7277)

    Dialog Group Berhad is a provider of integrated specialist technical services to the upstream and downstream sectors of the oil, gas and petrochemical industry. Dialog offers upstream technical services, including sub-surface, drilling, reservoir tracing to the upstream sector. It has the capability to design, build, own and operate storage tank terminal and supply base, as well as centralized tankage facilities. Dialog offers plant maintenance, shutdown, turnaround and plant upgrading services from detailed planning and preparation to execution and assistance. It also provides engineering services in design, construction, fabrication and field engineering. Dialog’s fabrication yards offer design, fabrication and supply of process equipment skids, pressure vessels/spherical tanks, special piping products and FIBERBOND FRP piping system, among others. Dialog also offers e-payment technology and solutions and is an agent and distributor for a range of specialist products and services.

    Official website: www.dialog.com.my

  2. #2
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    Dialog Sees 65 Percent Jump In Net Profit

    - Dialog Group registered a 65.2 percent rise in net profit to RM81.9 million for 3Q15, driven by higher revenue and operating income and lower expenses.

    - For 9M15, Dialog’s net profit jumped 29.3 percent to RM211.5 million from RM163.6 million in 9M14. However, revenue fell 6.6 percent to RM1.8 billion from RM1.9 billion in 9M14.

    - Malaysia operations achieved better results when compared with the same periods last year, following contributions from the upstream activities mainly as a result of the operation of the production-sharing contract for three fields offshore Sarawak.

    Significance: Dialog remains confident of delivering a healthy performance for the financial year ending 30 June 2015.

    Source: Shares Investment

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