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Wintermar Offshore Marine reports positive 1H2018 Results

  • Written by ACN Newswire

Wintermar Offshore Marine reports positive 1H2018 Results

JAKARTA, Jul 30, 2018 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) has reported 1H2018 gross profit of US$4.8 million, compared to a loss of US$1 million for 1H2017, driven by a 34% jump in Owned Vessels Revenue from better utilization of high tier vessels. Rising revenue combined with good cost control led to margin expansion in 1H2018...

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