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Wintermar Offshore (WINS:JK) back to black in 1Q2020

Written by ACN Newswire - Press Releases

Wintermar Offshore (WINS:JK) back to black in 1Q2020

JAKARTA, May 20, 2020 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) returned to profitability during 1Q2020 with Owned Vessel Revenue up 18% YoY to US$9.9 million, and gross profit of US$1.28 million compared to a gross loss of US$0.73 million during 1Q2019. The quarter saw a pick up in utilization of high tier vessels as several new...

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