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FY2015 results is out.
http://infopub.sgx.com/FileOpen/FULL%20Y...eID=352660
Revenue (USD million)
FY2014 = 34.446
FY2015 = 35.126
NPAT (USD million)
FY2014 = 8.558
FY2015 = 9.310
EPS
FY2014 = USD 2.0 cents
FY2015 = USD 2.1 cents
DPS
FY2014 = SGD 1.0 cent
FY2015 = SGD 1.0 cent
Ship Owning : 4Q 2015 result (USD million)
4Q2015 Revenue = 6.763 (Annualized = 27 million)
4Q2015 Profit = 1.985 (Annualized = 8 million or USD 1.8 cents per share)
(Note: have to wait for 1Q2016 result for the full quarterly revenue/profit contribution from Taurus Leader and Centaurus)
The Group delivered a satisfactory set of results for FY2015.
With the delivery of 3 vessels and their long-term charters to a reputable shipping major in the second half of FY2015, the Group has a secure base of recurring income, and in doing so, provided a growth trajectory for the next decade if not longer. While our business model is profitable, agency and logistics segment will continue to face earnings pressure in the current environment.
Barring any unforeseen circumstances, the Group expects FY2016 to perform better.
http://infopub.sgx.com/FileOpen/FULL%20Y...eID=352660
Revenue (USD million)
FY2014 = 34.446
FY2015 = 35.126
NPAT (USD million)
FY2014 = 8.558
FY2015 = 9.310
EPS
FY2014 = USD 2.0 cents
FY2015 = USD 2.1 cents
DPS
FY2014 = SGD 1.0 cent
FY2015 = SGD 1.0 cent
Ship Owning : 4Q 2015 result (USD million)
4Q2015 Revenue = 6.763 (Annualized = 27 million)
4Q2015 Profit = 1.985 (Annualized = 8 million or USD 1.8 cents per share)
(Note: have to wait for 1Q2016 result for the full quarterly revenue/profit contribution from Taurus Leader and Centaurus)
The Group delivered a satisfactory set of results for FY2015.
With the delivery of 3 vessels and their long-term charters to a reputable shipping major in the second half of FY2015, the Group has a secure base of recurring income, and in doing so, provided a growth trajectory for the next decade if not longer. While our business model is profitable, agency and logistics segment will continue to face earnings pressure in the current environment.
Barring any unforeseen circumstances, the Group expects FY2016 to perform better.
Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.