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Last $0.18 SGD
Change Today +0.005 / 2.91%
Volume 34.0K
NRD On Other Exchanges
As of 4:56 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

nordic group ltd (NRD) Snapshot

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04/27/15 - $0.20
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08/4/14 - $0.09
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nordic group ltd (NRD) Details

Nordic Group Limited, an investment holding company, provides automation systems integration solutions for the marine, and offshore oil and gas industries primarily in China, South Korea, Singapore, and internationally. It operates through System Integration; Maintenance, Repair and Overhaul (MRO) and Trading; Precision Engineering; and Scaffolding Services segments. The System Integration segment designs, procures, develops, and manufactures actuators, valves, and other components for assembly and integration into valve remote control systems, tank gauging systems, anti-heeling systems, alarm monitoring, and power management systems for the use in vessels. This segment also provides commissioning services for the installation and functioning of the products. The MRO and Trading segment offers MRO services for conversion works, such as trading and supply of materials, spare parts, and components. The Precision Engineering segment designs and builds tooling systems; and provides turkey production solutions. This segment serves marine, oil and gas, aerospace, medical, and electronic manufacturing services industries. The Scaffolding Services segment offers metal scaffolding systems and services, including design, erection, modification, dismantling, sales and rental, and servicing for the onshore oil and gas, petrochemical, and marine industries. The company markets its products primarily through sales and service agents. Nordic Group Limited was founded in 1998 and is headquartered in Singapore.

Founded in 1998

nordic group ltd (NRD) Top Compensated Officers

Executive Chairman and Member of Nominating C...
Total Annual Compensation: $679.3K
Executive Director and Chief Executive Office...
Total Annual Compensation: $346.8K
Group Head of Quality and Product Development...
Total Annual Compensation: $322.1K
Compensation as of Fiscal Year 2014.

nordic group ltd (NRD) Key Developments

Nordic Group Limited Announces Cessation of Thung Sim Yee, as Group Financial Controller and Company Secretary, Effective from July 27, 2015

Nordic Group Limited announced cessation of Mr. Thung Sim Yee, as group Financial Controller and Company Secretary, effective from July 27, 2015.

Nordic Group Limited Appoints Chen Weiliang, Lionel as Group Financial Controller and Company Secretary

Nordic Group Limited appointed Mr. Chen Weiliang, Lionel as group Financial Controller and Company Secretary on July 20, 2015, responsible for the finance, taxation, treasury, risk management and corporate secretarial aspects. Mr. Chen Weiliang worked as Group Accountant for Oakwell Distribution (S) Pte Ltd. from November 2013 to July 2015.

Nordic Group Limited Announces Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2015

Nordic Group Limited announced unaudited consolidated financial results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of SGD 16,613,000 against SGD 14,421,000 for the same period a year ago. Profit before tax from continuing operations was SGD 1,650,000 against SGD 996,000 for the same period a year ago. Profit from continuing operations net of tax was SGD 1,451,000 against SGD 901,000 for the same period a year ago. Profit attributable to owners of the parent, net of tax was SGD 1,451,000 against SGD 901,000 for the same period a year ago. Net cash used in operating activities was SGD 209,000 against net cash from operating activities of SGD 4,560,000 for the same period a year ago. Purchase of property, plant and equipment was SGD 205,000 against SGD 580,000 for the same period a year ago. Basic and diluted earnings per share were 0.4 cents against 0.2 cents a year ago. The increase in revenue was due to higher revenue from System Integration, MRO & Trading and Precision Engineering business segments, partially offset by lower revenue from the Scaffolding Services business segment.


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