Dyna-Mac Holdings has secured additional work scope from existing customers for a total provisional contract sum of $8 million.
The group was awarded additional work scope for an ongoing project in its fabrication yard in relation to a turret module for a Floating Production Storage and Offloading (FPSO) vessel. The additional scope also includes pipe spool fabrication work.
The orders are not expected to have a material impact on the group’s earnings per share and net tangible assets for the FY2021 ending December.
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