W60.BE

Wintermar Offshore (WINS:JK) Reports 9M2022 Results

Retrieved on: 
Friday, October 28, 2022

JAKARTA, Oct 28, 2022 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) has announced results for 9M2022.

Key Points: 
  • JAKARTA, Oct 28, 2022 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) has announced results for 9M2022.
  • Total revenue for 9M2022 jumps by 38%YOY to US$41.6 million, while gross profit grew 29%YOY to US$5.3 million.
  • As business activity picked up, revenues from Other Services also jumped to US$4.4 million for 9M2022, +176%YOY from US$1.6 million in 9M2021, contributing US$1.8 million to gross profit for 9M2022.
  • In the Middle East, there seems to be a structural shift from onshore to offshore production as new reserves are sought.

Wintermar Offshore (WINS:JK) Reports 1H2022 Results

Retrieved on: 
Friday, July 29, 2022

JAKARTA, July 29, 2022 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) has announced results for 1H2022.

Key Points: 
  • JAKARTA, July 29, 2022 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) has announced results for 1H2022.
  • Gross Profit from Owned Vessels for 1H2022 amounted to US0.2 million compared to a US$2.7 million in 1H2021.
  • For 1H2022, Chartering Revenue jumped 205% YOY to US$7.96 million compared to US$2.6 million in 1H2021, reflecting some contracts in Brunei.
  • At the Operating level, the Company recorded a loss of US$0.88 million for 1H2022, compared to US$0.7 million profit in 1H2021.

Wintermar Offshore Marine Reports 1Q2022 Results; Total revenue up 3%

Retrieved on: 
Friday, April 29, 2022

JAKARTA, Apr 29, 2022 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) has announced results for 1Q2022.

Key Points: 
  • 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.