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.