Yinson’s net income in the latest quarter plunged 65% from a year earlier to 228 million ringgit and revenue fell 19%. The company cited higher administrative expenses, impairment losses for renewables and green technologies and the absence of previous one-off gains from disposals. Founder Lim Han Weng said Yinson Production remains the group’s primary growth engine, with steady progress on projects under construction, including in Vietnam.
