May 25, 2017 6:03 AM ET

Energy Equipment and Services

Company Overview of Carimin Petroleum Berhad

Company Overview

Carimin Petroleum Berhad, an investment holding company, provides technical and engineering support services in the oil and gas industry in Malaysia. The company operates through Manpower Services; Hook up and Commissioning; Marine Services; and Construction divisions. It specializes in engineering, scheduled/work pack development, procurement, structural/piping fabrication, electrical/instrumentation installation, pre-commissioning, and commissioning activities. The company provides professional technical and non-technical personnel services; geophysical services; engineering consultancy and technical support; and quality assurance and integrated inspection services. It also offers hook-up ...

B-1-6, Megan Avenue 1

Block B

189, Jalan Tun Razak

Kuala Lumpur,  50400

Malaysia

Founded in 1989

Phone:

60 3 2168 7000

Fax:

60 3 2164 2199

Key Executives for Carimin Petroleum Berhad

Carimin Petroleum Berhad does not have any Key Executives recorded.

Carimin Petroleum Berhad Key Developments

Carimin Petroleum Berhad Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2016

Carimin Petroleum Berhad announced unaudited consolidated earnings results for the second quarter and six months ended December 31, 2016. For the quarter, the company reported revenue of MYR 31,323,000 compared to MYR 41,242,000 a year ago. Loss before taxation was MYR 2,309,000 compared to MYR 911,000 a year ago. Loss after taxation was MYR 2,461,000 compared to MYR 1,184,000 a year ago. Loss after tax attributable to owners of the company was MYR 2,587,000 or 1.11 sen per basic share compared to MYR 1,183,000 or 0.51 sen per basic share a year ago. For the six months, the company reported revenue of MYR 64,169,000 compared to MYR 78,512,000 a year ago. Loss before taxation was MYR 538,000 compared to profit before taxation of MYR 6,257,000 a year ago. Loss after taxation was MYR 827,000 compared to profit after taxation of MYR 2,419,000 a year ago. Loss after tax attributable to owners of the company was MYR 942,000 or 0.40 sen per basic share compared to profit after tax attributable to owners of the company of MYR 2,420,000 or 1.03 sen per basic share a year ago. Net cash from operating activities was MYR 12,778,000 compared to MYR 45,300,000 a year ago. Purchase of property, plant and equipment was MYR 547,000 compared to MYR 379,000 a year ago.

Carimin Petroleum Berhad Announces Resignation of Yong Yen Ling as Joint Secretary

Carimin Petroleum Berhad announced the resignation of Yong Yen Ling as Joint Secretary with effect from December 30, 2016.

Carimin Petroleum Berhad Reports Unaudited Consolidated Earnings Results for the First Quarter Ended 30 September 2016

Carimin Petroleum Berhad reported unaudited consolidated earnings results for the first quarter ended 30 September 2016. For the quarter, revenue was MYR 32,846,000 against MYR 37,270,000 a year ago. Profit before taxation was MYR 1,771,000 against MYR 7,168,000 a year ago. Profit after taxation for the period was MYR 1,634,000 against MYR 3,603,000 a year ago. Earnings per share attributable to equity holders of the company – Basic were 0.70 sen against 1.54 sen a year ago. Net cash from operating activities was MYR 810,000 against MYR 35,651,000 a year ago. Purchase of property, plant and equipment was MYR 102,000 against MYR 268,000 a year ago.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 20, 2016
Noblecorp Builders Sdn Bhd
 

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