Wintermar Offshore (WINS:JK) Reports FY2022 Results
Wintermar Offshore (WINS:JK) Reports FY2022 Results
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Wintermar Offshore (WINS:JK) Reports FY2022 Results
JAKARTA, Mar 31, 2023 - (ACN Newswire) - PT Wintermar Offshore Marine Tbk (WINS:JK) recorded FY2022 gross profit of US$11.2 million, an 88% YOY growth, on the back of rising utilization and charter rates, and a 510%YOY jump in net profit to US$1.1 million. Higher utilization and rising charter rates contributed to a strong operational performance in FY2022 with EBITDA...
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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. The ensuing ...
Stronger chartering revenues compensate the drop in Owned Vessel revenue from COVID-19 delays