10 May 13 | The Business Times by Lee Meixian
TWO mainboard listed service providers for the oil and gas industry, Ezion Holdings and Kreuz Holdings, posted improved first quarter earnings and revenues, boosted by contributions from regional projects. For three months ended March 31, 2013, net profit of offshore support service firm Ezion more than trebled from the previous year s US$14.1 million to US$46.2 million, or 5.02 US cents a...
09 May 13 | The Business Times by amanda tan
ASL Marine Holdings posted a net profit of $9.62 million for its third quarter ended March 31, up 21 per cent from $7.96 million a year ago.The group, an integrated marine company, achieved a 17.6 per cent rise in gross profit to $18.8 million despite lower gross margin as revenue jumped 26.6 per cent year on year to $144 million. The revenue rise was attributed to more units of offshore support...
07 May 13 | The Business Times
May 6 close S$4.25 DBS Vickers Research, May 6 SEMBCORP Marine s (SMM) net earnings grew by 5 per cent to S$118.7 million in Q1 2013, forming 19 per cent of our full year forecasts. This was a tad disappointing, due to slower than expected revenue recognition from its order book, lower gross margins while associates contributions were halved to only S$6.2...