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Wintermar Offshore (WINS.JK) 1Q2018 Owned Vessel revenue jumps 48% to US$14M

Written by ACN Newswire

Wintermar Offshore (WINS.JK) 1Q2018 Owned Vessel revenue jumps 48% to US$14M

JAKARTA, Apr 30, 2018 - (ACN Newswire) - Wintermar Offshore Marine (WINS.JK) has announced 1Q2018 results. Driven by an improvement in vessel utilization, Owned Vessel revenue jumped 48% to US$14 million, compared with a loss of US$0.3 million in 1Q2017. This comprised 84% of the quarter's revenue, boosting the overall gross margin to 20%,...

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