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Marine: Results for the Quarter Ended 30 June 2015

Details on how the business of the Sector is managed and its related performance are set out below.  This information is given on a voluntary basis and from the perspective of the Sector management, as its disclosure is not required by law or regulation.

Marine
“Lower Profits”

FINANCIAL HIGHLIGHTS for the second quarter ended 30 June 2015

     
2015
2Q
2014
2Q
Growth %
Revenue ($m)
254
348
(27)
Earnings before interest and tax (EBIT) ($m)
26.2
21.2
23
Other income, net ($m)
0.9
1.3
(30)
Finance costs, net ($m)
1.1
1.4
(21)
Profit before tax (PBT) ($m)
29.6
24.6
20
Profit attributable to shareholders ($m)
23.5
20.8
13

 

  • Economic Value Added for the first half of 2015 was $38.6 million

“We will build on our track record and focus on securing orders for specialised offshore vessels.”
Ng Sing Chan, President.

Marine 2Q2015 Unaudited Results

N.B.: All currencies are in Singapore dollars. 

 

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