Wintermar Offshore Marine Reports 1Q2022 Results; Total revenue up 3%
JAKARTA, Apr 29, 2022 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) has announced results for 1Q2022.
- JAKARTA, Apr 29, 2022 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) has announced results for 1Q2022.
- Total revenue was up 3% YOY to US$10.5 million, with stronger chartering revenues compensating for a drop in Owned Vessel revenue from COVID-19 delays.
- Oil prices spiked in 1Q2022 as a result of the war in Ukraine and sanctions against Russian oil and gas.
- Certain statements relating to business and operations of PT Wintermar Offshore Marine Tbk and Subsidiaries (the Company) are based on management's expectations, estimates and projections.