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Wintermar Offshore (WINS:JK) Reports Turnaround 9M2021 Results

JAKARTA, Aug 12, 2021 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) has announced results for 1H2021, achieving a gross profit of US$3.3 million for 1H2021, compared to gross loss of US$0.66 million

Wintermar Offshore Reports 1Q2021 Results Wintermar Offshore Marine (WINS:JK) has announced results for 1Q2021. Wintermar is back in the black with net profit before tax of US$0.2 million, after three quarters of net losses. Business conditions have improved in 1Q2021 since the worst of the pandemic in 2020. Utilization still remains below the level achieved in 1Q2020, but the trend is positive. Total revenue of US$10.2 million recorded in 1Q2021 is still 21% below the level of US$12.9 million achieved in 1Q2020. Despite this, the Company was able attain a positive contribution at the gross p...

Wintermar Offshore (WINS:JK) Reports FY2020 Results 28th April 2021 . (ANTARA) Jakart (ANTARA) -- Wintermar Offshore Marine (WINS:JK) has reported results for the full FY2020, achieving a gross profit of US$1.1 million, turning around from a gross loss of US$1.27 mil in FY2019, as utilization rose to 66% in Q42020. The rise in vessel utilization provided a boost to revenue of US$11.9 million for 4Q2020, and brought the Company back to a gross profit for the full FY2020. A strong 4th quarter saw high tier vessel utilization reach 77% as several drilling projects commenced. Altho...

Monday, 26 April 2021, 5:57 pm JAKARTA, Apr 26, 2021 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) has reported results for the full FY2020, achieving a gross profit of US$1.1 million, turning around from a gross loss of US$1.27 mil in FY2019, as utilization rose to 66% in Q42020. The rise in vessel utilization provided a boost to revenue of US$11.9 million for 4Q2020, and brought the Company back to a gross profit for the full FY2020. A strong 4th quarter saw high tier vessel utilization reach 77% as several drilling projects commenced. Although revenue for FY2020 was 23% lower tha...