Bursa Alert
Global Market
NewsMaybulk sees revenue growth from offshore marine services segment
Page 1 of 1
Maybulk sees revenue growth from offshore marine services segment
by hlk Tue 28 May 2013, 16:23
Business & Markets 2013
Written by Zatil Husna of theedgemalaysia.com
Tuesday, 28 May 2013 15:43
A + / A - / Reset
KUALA LUMPUR (May 28): MALAYSIAN BULK CARRIERS BHD []
(Maybulk) foresees revenue growth for its financial year 2013 (FY13)
from higher contribution from the offshore marine services provider
market from its associate, Pacc Offshore Services Holdings Pte Ltd
(POSH).
Maybulk’s chief executive officer (CEO) Kuok Khoon Kuan said that the
company has continued to be in the black due to its associate in the
offshore service division as it is benefiting from the oil and gas majors.
“In the harsh environment that we’re operating under, the
underperforming dry bulk market would be offset by the better
performing offshore services provider segment contribution from our
associate,” he said in a press briefing after Maybulk’s AGM earlier
today.
According to its 2012 annual report, Maybulk holds 21% interest in the
Singapore-based offshore services provider company that operate
anchor handling, platform vessels, harbour tugs and many other
offshore marine services.
Written by Zatil Husna of theedgemalaysia.com
Tuesday, 28 May 2013 15:43
A + / A - / Reset
KUALA LUMPUR (May 28): MALAYSIAN BULK CARRIERS BHD []
(Maybulk) foresees revenue growth for its financial year 2013 (FY13)
from higher contribution from the offshore marine services provider
market from its associate, Pacc Offshore Services Holdings Pte Ltd
(POSH).
Maybulk’s chief executive officer (CEO) Kuok Khoon Kuan said that the
company has continued to be in the black due to its associate in the
offshore service division as it is benefiting from the oil and gas majors.
“In the harsh environment that we’re operating under, the
underperforming dry bulk market would be offset by the better
performing offshore services provider segment contribution from our
associate,” he said in a press briefing after Maybulk’s AGM earlier
today.
According to its 2012 annual report, Maybulk holds 21% interest in the
Singapore-based offshore services provider company that operate
anchor handling, platform vessels, harbour tugs and many other
offshore marine services.
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Maxis sees higher data segment revenue
» Trend Micro sees revenue growth from M'sia
» Felda D'Saji sees 10pc revenue growth
» KLCCP sees steady revenue on organic growth, cost-cut plans
» Highlight Unisem sees double-digit revenue, profit growth - MD
» Trend Micro sees revenue growth from M'sia
» Felda D'Saji sees 10pc revenue growth
» KLCCP sees steady revenue on organic growth, cost-cut plans
» Highlight Unisem sees double-digit revenue, profit growth - MD
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum