September 23, 2017 11:34 AM ET

Energy Equipment and Services

Company Overview of PT Wintermar Offshore Marine Tbk

Company Overview

PT Wintermar Offshore Marine Tbk provides supporting services for the offshore transportation for the oil and gas industry. The company operates through three segments: Charter of Own Vessels, Charter of Third Party Vessels, and Other Services. Its fleet includes platform supply vessels, anchor handling tug supply vessels, anchor handling tug vessels, diving support vessels, fast utility vessels, fast multi-purpose supply vessels, azimuth stern drive tugs, utility vessels, crew boats, landing crafts, oil barges, heavy load deck barges, and tug boats. The company also offers various marine logistic solutions comprising crew transfers, towing, supply runs, and oil storage, as well as rig moves...

Jl. Kebayoran Lama No. 155

West Jakarta,  11560

Indonesia

Founded in 1970

202 Employees

Phone:

62 21 530 5201

Fax:

62 21 530 5203

Key Executives for PT Wintermar Offshore Marine Tbk

PT Wintermar Offshore Marine Tbk does not have any Key Executives recorded.

PT Wintermar Offshore Marine Tbk Key Developments

PT Wintermar Offshore Marine Tbk Announces Earnings Results for the First Half Ended June 30, 2017

PT Wintermar Offshore Marine Tbk announced earnings results for the first half ended June 30, 2017. For the period, the company reported total revenue of IDR 27,650,882 compared to IDR 48,537,084 a year ago. Operating loss was IDR 4,825,436 compared to profit of IDR 6,096,623 a year ago. Net loss before tax was IDR 11,051,637 compared to profit of IDR 195,170 a year ago. Net loss attributable to shareholders was IDR 8,657,251 compared to IDR 626,614 a year ago. EBITDA was IDR 8,836,271 compared to IDR 20,257,532 a year ago. Weighted average LPS was IDR 28.56 compared to IDR 2.06 a year ago.

PT Wintermar Offshore Marine Tbk Presents at CITI Indonesia Investor Conference 2017, May-08-2017 through May-09-2017

PT Wintermar Offshore Marine Tbk Presents at CITI Indonesia Investor Conference 2017, May-08-2017 through May-09-2017. Venue: Mandarin Oriental Hotel, Jakarta, Indonesia. Presentation Date & Speakers: May-08-2017, Pek Swan Layanto, Head of Corporate Planning. May-09-2017, Pek Swan Layanto, Head of Corporate Planning.

PT Wintermar Offshore Marine Tbk Reports Earnings Results for the First Quarter of 2017

PT Wintermar Offshore Marine Tbk reported earnings results for the first quarter of 2017. For the quarter, the company reported overall revenue including Chartering Division fell by 44% year on year to USD 13,083,229 compared to USD 23,267,039 in first quarter 2016. This was caused by the lagged effect of the near standstill in tendering activity experienced in the second half of 2016, which resulted in lower charter rates at the same time as the utilization rate dipped below 50%. Operating loss was USD 2,164,501 compared to operating profit of USD 2,594,111 a year ago. Net loss before tax was USD 5,198,535 compared to USD 1,169,920 a year ago. Net loss attributable to shareholders was USD 3,980,156 compared to USD 1,419,485 a year ago. EBITDA was USD 4,778,731 compared to USD 9,676,312 a year ago. Weighted average loss per share was 0.10 cents compared to USD 0.04 cents a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
April 11, 2017
--
Merger/Acquisition
December 29, 2016
--
Merger/Acquisition
December 22, 2016
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