wins
JAKARTA, Apr 29, 2024 - (ACN Newswire) - PT Wintermar Offshore Marine Tbk (WINS:JK) reported US$5 million Gross Profit and US$2.2million Net Attributable Profit for 1Q2024, driven by Owned Vessels gross margin expansion. Total Gross Profit increased 66.8%YOY to US$5.0 million for 1Q2024 as compared to US$3 million in 1Q2023, while total revenues were 16.3% YOY higher at US$18.4 million compared to 1Q2023. Higher charter rates resulted in a widening of gross margins from the Owned Vessel Division. Owned Vessel Division In 1Q2024, Owned Vessel gross profit experienced an increase to US$3.9 milli...
ACN Newswire
JAKARTA, Mar 28, 2024 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) has announced results for FY2023. Wintermar’s net attributable profit jumped by 501.1%YOY to US$ 6.7 million for FY2023 backed by higher charter rates. Higher utilization and rising charter rates towards the 4th quarter lifted gross margins and led to a strong operational performance in FY2023 with EBITDA up 24.4% to US$21.8million on total revenue of US$72.6 million (+19.0%YOY). Owned Vessel Division The Owned Vessel Division's revenue saw a 33.3% YOY increase to US$ 48.2 million, outpacing the owned vessel direct c...
ACN Newswire
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