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| Press Releases |
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| Thursday, April 27, 2023 |
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Wintermar Offshore (WINS:JK) Reports 1Q2023 Results |
| PT Wintermar Offshore Marine Tbk (WINS:JK) has announced results for 1Q2023. Operating Profit rebound to US$1.6 million from a loss of US$1.4 million in 1Q2022 after strong increase in Revenues. Stronger charter rates contributed to the 51%YOY increase in total revenue to US$15.9 million and gross profit of US$3.0 million for 1Q2023. more info >> |
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| Monday, April 3, 2023 |
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Wintermar Offshore (WINS:JK) Wins Silver Award for Asia's Best SME Sustainability Reporting Award |
| PT Wintermar Offshore Marine Tbk (WINS:JK) has been recognized with a Silver award in the Small & Medium Sized Enterprises (SME) category at the prestigious 8th Asia Sustainability Reporting Awards (ASRA). This recognition is a testament to the commitment of the Wintermar Group towards sustainability and its efforts to address material sustainability issues. more info >> |
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| Friday, March 31, 2023 |
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Wintermar Offshore (WINS:JK) Reports FY2022 Results |
| PT Wintermar Offshore Marine Tbk (WINS:JK) recorded FY2022 gross profit of US$11.2 million, an 88% YOY growth, on the back of rising utilization and charter rates, and a 510%YOY jump in net profit to US$1.1 million. Higher utilization and rising charter rates contributed to a strong operational performance in FY2022 with EBITDA up 28% to US$17.5 million on total revenue of US$61 million (+44%YOY). more info >> |
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| Tuesday, December 6, 2022 |
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Wintermar Offshore (WINS:JK) Fully Repays USD 45 Million Loan to IFC |
| On 5th December 2022, Wintermar Group (WINS) fully repaid the US$45 million loan facility by IFC signed in December 2011. The IFC loan enabled Wintermar to transform the fleet into higher valued vessels through the purchase of 8 OSVs. Although the loan maturity had been extended to 2025, through better cash management the Company has been able to fully repay the loan early on December 2022. more info >> |
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Fast Offshore Supply Pte Ltd, Singapore signs a Memorandum of Understanding to jointly develop an Energy Storage System (ESS) with Terasaki Electric Co., Shift Clean Solutions Ltd. and RINA |
| Fast Offshore Supply Pte Ltd , Asia's largest offshore crew boat operator, has signed an MOU to jointly develop an Energy Storage System (ESS) with Terasaki Electric Co., Shift Clean Solutions Ltd. and RINA for the FOS Fleet as part of FOS "Green Initiative and Sustainability Program" to cut vessel carbon emission. more info >> |
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| Wednesday, November 30, 2022 |
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Wintermar Offshore (WINS:JK) Acquires 2 Additional AHTS and Celebrates the 12th Anniversary of Listing on IDX |
| PT Wintermar Offshore Marine Tbk (WINS:JK), has acquired 2 units of 7000BHP Anchor Handling Tug Supply (AHTS), to be named SMS Sonnet and SMS Stanza. The two AHTS will be delivered by December 2022, are ABS classed and have DP1 and FiFi1 capability, and expected to be utilized from 1Q2023. more info >> |
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| Friday, October 28, 2022 |
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Wintermar Offshore (WINS:JK) Reports 9M2022 Results |
| Wintermar Offshore Marine (WINS:JK) has announced results for 9M2022. Total revenue for 9M2022 jumps by 38%YOY to US$41.6 million, while gross profit grew 29%YOY to US$5.3 million. Improvement in Owned Vessel revenues and strong contribution from our Chartering Division produced a stronger performance in 3Q2022. more info >> |
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| Friday, July 29, 2022 |
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Wintermar Offshore (WINS:JK) Reports 1H2022 Results |
| Wintermar Offshore Marine (WINS:JK) has announced results for 1H2022. Total revenue was up 25%YOY to US$25 million, helped by higher chartered vessels revenue. Revenues rebounded in 2Q2022 by 39%QOQ as several vessels commenced operations after delays in 1Q2022. All Divisions turned in positive gross profit for the 2nd quarter reflecting higher demand for OSVs. more info >> |
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| Friday, June 24, 2022 |
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Wintermar Offshore (WINS:JK) Unveils Growth Strategy |
| Wintermar Offshore Marine (WINS:JK) has invested US$12 million to acquire 3 Platform Supply Vessels and 3 Anchor Handling Tug Supply Vessels since November 2021, to gear up for new drilling cycle. more info >> |
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| Friday, April 29, 2022 |
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Wintermar Offshore Marine Reports 1Q2022 Results; Total revenue up 3% |
| Wintermar Offshore Marine (WINS:JK) has announced results for 1Q2022. Total revenue was up 3% YOY for 1Q2022 to US$10.5 million, with stronger chartering revenues compensating for a drop in Owned Vessel revenue from COVID-19 delays. more info >> |
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