Homepage
PR Newswire
21-03-2019, 07:00 PM
Dyna-Mac Secures Fabrication Contracts For $150 Million From Long-Standing Customers
Dyna-Mac Holdings Ltd announced that the Group has secured several fabrication contracts totalling approximately $150 million from its long-standing customers.
Completion of these fabrication contracts are scheduled to spread over 2 years, and as such, the Group expects to derive revenue streams from these orders mainly from 3Q2019 up to FY2020.
Barring deferral or rescheduling by customers or other unforeseen circumstances, the above orders are expected to have a positive impact on Dyna-Mac’s earnings per share and net tangible assets for the current financial year ending 31 December 2019.
Dyna-Mac Holdings Ltd announced that the Group has secured several fabrication contracts totalling approximately $150 million from its long-standing customers.
Completion of these fabrication contracts are scheduled to spread over 2 years, and as such, the Group expects to derive revenue streams from these orders mainly from 3Q2019 up to FY2020.
Barring deferral or rescheduling by customers or other unforeseen circumstances, the above orders are expected to have a positive impact on Dyna-Mac’s earnings per share and net tangible assets for the current financial year ending 31 December 2019.
Specuvestor: Asset - Business - Structure.