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viking offshore and marine l (557) Details

Viking Offshore and Marine Limited, an investment holding company, engages in the design, manufacture, project management, and commissioning of heating, ventilation, air-conditioning, and refrigeration systems for the marine and offshore industries worldwide. It operates through Offshore and Marine, and Chartering Services segments. The company also supplies hydraulic winches and power packs, as well as deck machinery; and provides system integration services for telecommunications systems, fire and gas detection systems, and control and instrumentation systems. In addition, it is involved in the manufacture and repair of marine engines and ship parts; retail and rental of marine equipment, marine accessories, and parts; provision of facilities management services; and ownership and charter of assets, as well as operates as a contractor for electronic and electrical engineering works. The company was formerly known as Novena Holdings Limited and changed its name to Viking Offshore and Marine Limited in February 2010. Viking Offshore and Marine Limited was incorporated in 1993 and is headquartered in Singapore.

Founded in 1993

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viking offshore and marine l
Viking Offshore and Marine Limited Reports Earnings Results for the Third Quarter and Nine Months Ended of September 30, 2016

Viking Offshore and Marine Limited reported earnings results for the third quarter and nine months ended of September 30, 2016. For the quarter, the company reported revenue of SGD 7,705,000 compared to SGD 19,444,000 a year ago. Loss before tax was SGD 2,259,000 compared to profit before tax of SGD 170,000 a year ago. Loss for the period was SGD 2,259,000 compared to profit for the period of SGD 193,000 a year ago. Loss attributable to owners of the company of SGD 2,259,000 compared to profit attributable to owners of the company of SGD 193,000 a year ago. Net cash flows from operating activities was SGD 1,253,000 compared to net cash flows used in operating activities of SGD 5,185,000 a year ago. Purchase of property, plant and equipment was SGD 115,000 compared to SGD 1,391,000 a year ago. Diluted loss per share was 0.26 cents compared to diluted earnings per share of 0.02 cents a year ago. Net asset value per ordinary share was SGD 0.10. For the nine months, the company reported revenue of SGD 31,306,000 compared to SGD 62,458,000 a year ago. Loss before tax was SGD 6,014,000 compared to profit before tax of SGD 1,117,000 a year ago. Loss for the period was SGD 5,934,000 compared to profit for the period of SGD 1,285,000 a year ago. Loss attributable to owners of the company of SGD 5,934,000 compared to profit attributable to owners of the company of SGD 1,285,000 a year ago. Net cash flows from operating activities was SGD 1,814,000 compared to net cash flows used in operating activities of SGD 6,521,000 a year ago. Purchase of property, plant and equipment was SGD 290,000 compared to SGD 3,451,000 a year ago. Diluted loss per share was 0.69 cents compared to diluted earnings per share of 0.16 cents a year ago.

Viking Offshore and Marine Limited Announces Earnings Results for Second Quarter and Six Months Ended June 30, 2016

Viking Offshore and Marine Limited announced earnings results for second quarter and six months ended June 30, 2016. For the quarter, the company reported revenue of SGD 9,080,000, loss before tax of SGD 2,494,000, loss for the period of SGD 2,411,000, loss attributable to owners of the company of SGD 2,411,000, net cash flows from operating activities of SGD 1,119,000, purchase of property, plant and equipment of SGD 124,000 compared to the revenue of SGD 21,582,000, profit before tax of SGD 74,000, profit for the period of SGD 173,000, profit attributable to owners of the company of SGD 173,000, net cash flows used in operating activities of SGD 25,000, purchase of property, plant and equipment of SGD 697,000 for the same quarter a year ago. For the year to date, the company reported revenue of SGD 23,601,000, loss before tax of SGD 3,755,000, loss for the period of SGD 3,675,000, loss attributable to owners of the company of SGD 3,675,000, net cash flows from operating activities of SGD 561,000, purchase of property, plant and equipment of SGD 175,000 compared to the revenue of SGD 43,014,000, profit before tax of SGD 947,000, profit for the period of SGD 1,092,000, profit attributable to owners of the company of SGD 1,092,000, net cash flows used in operating activities of SGD 1,336,000, purchase of property, plant and equipment of SGD 2,060,000 for the same period a year ago.

Viking Offshore and Marine Limited Reports Unaudited Group Earnings Results for the First Quarter Ended March 31, 2016

Viking Offshore and Marine Limited reported unaudited group earnings results for the first quarter ended March 31, 2016. For the quarter, revenue was SGD 14,521,000 against SGD 21,432,000 a year ago. Loss before tax was SGD 1,261,000 against profit of SGD 873,000 a year ago. Loss before tax was SGD 1,261,000 against profit of SGD 873,000 a year ago. Loss attributable to owners of the company was SGD 1,264,000 against profit of SGD 919,000 a year ago. Net cash flows used in operating activities was SGD 557,000 against SGD 1,311,000 a year ago. Purchase of property, plant and equipment was SGD 51,000 against SGD 1,363,000 a year ago. On a fully diluted basis, loss per share was 0.15 cents against 0.12 cents a year ago. Net asset value per ordinary share was 0.10 cents against 0.11 cents a year ago.

 

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