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Last $0.31 SGD
Change Today -0.005 / -1.59%
Volume 383.2K
PACRA On Other Exchanges
Symbol
Exchange
Singapore
As of 12:06 AM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

pacific radiance ltd (PACRA) Snapshot

Open
$0.31
Previous Close
$0.32
Day High
$0.31
Day Low
$0.31
52 Week High
09/3/14 - $1.51
52 Week Low
08/20/15 - $0.29
Market Cap
224.1M
Average Volume 10 Days
2.3M
EPS TTM
$0.09
Shares Outstanding
722.9M
EX-Date
05/5/15
P/E TM
2.3x
Dividend
$0.03
Dividend Yield
9.68%
Current Stock Chart for PACIFIC RADIANCE LTD (PACRA)

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pacific radiance ltd (PACRA) Details

Pacific Radiance Ltd., an investment holding company, owns and operates offshore vessels in Asia, Africa, Australia, and South America. It operates through three divisions: Offshore Support Services, Subsea Business, and Complementary Businesses. The company owns and operates a fleet of offshore vessels comprising dynamically positioned platform supply vessels, anchor handling tugs, ocean tugs, and offshore barges for the offshore oil and gas industry. It also offers subsea services for inspection, maintenance, and repair; and light construction work services to the offshore industry. In addition, the company provides ship repair services, shipbuilding project management services, and light fabrication works; and pipeline logistics and other transport solutions for the oil and gas industry. Further, it engages in the design, fabrication, servicing, and leasing of various marine and coiled tubing equipment, as well as other equipment, such as coiling machines, hydraulic power units, winches, cylinders, and others. The company owns and operates a fleet of 135 offshore vessels. The company was founded in 2002 and is headquartered in Singapore. Pacific Radiance Ltd. is a subsidiary of YM Investco Pte Ltd.

Founded in 2002

pacific radiance ltd (PACRA) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

pacific radiance ltd (PACRA) Key Developments

Pacific Radiance Ltd. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Pacific Radiance Ltd. reported unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported profit before taxation was USD 4.450 million against USD 32.860 million a year ago. Profit for the period attributable to equity holders of the company was USD 3.838 million against USD 32.370 million a year ago. Revenue decreased by approximately USD 13.9 million or 29% from USD 48.7 million in second quarter 2014 to USD 34.8 million in second quarter 2015. The decrease was mainly attributable to the decline in revenue of its Subsea Business of USD 13.6 million or 97% from USD 14.0 million in second quarter 2014 to USD 0.4 million in second quarter 2015, and from its Offshore Support Services Business of USD 1.1 million or 3% from USD 33.8 million in Second Quarter 2014 to USD 32.7 million in second quarter 2015. The decrease in revenue was mainly attributable to lower utilisation of vessels from its Subsea Business as a result of the softer market conditions in second quarter 2015. Revenue decreased by approximately USD 24.4 million or 27% from USD 90.7 million in six months 2014 to USD 66.3 million in six months 2015. The decrease was mainly attributable to the decline in revenue of its Subsea Business of USD 19.6 million or 87% from USD 22.6 million in six months 2014 to USD 3.0 million in six months 2015, and from its Offshore Support Services Business of USD 5.1 million or 8% from USD 66.5 million in 6M 2014 to USD 61.4 million in six months 2015. The decrease in revenue was mainly attributable to lower utilisation of vessels from its Subsea Business and Offshore Support Services Business as a result of the softer market conditions in six months 2015. Profit before taxation was USD 5.880 million against USD 50.954 million a year ago. Profit for the period attributable to equity holders of the company was USD 4.742 million against USD 50.200 million a year ago. Earnings per share on a fully diluted basis were 0.7 cents against 6.9 cents a year ago. Net cash flows generated from operating activities were USD 1.401 million against USD 20.485 million a year ago. Additions to property, plant and equipment was USD 60.002 million against USD 45.494 million a year ago.

Pacific Radiance Ltd. Reports Unaudited Group Earnings Results for the First Quarter Ended March 31, 2015

Pacific Radiance Ltd. reported unaudited group earnings results for the first quarter ended March 31, 2015. Revenue was $31.5 million against $42 million last year. Profit before taxation taxation was $1.4 million against $18.1 million last year. Profit for the period attributable to equity holders of the company was $0.9 million or 0.1 cents per diluted share against $17.8 million or 2.5 cents per diluted share last year. Net cash flows generated from operating activities was $26.9 million against $2.5 million last year. Additions to property, plant and equipment was $70.6 million against $49.4 million last year. The decrease in revenue was mainly attributable to the decline in revenue of Subsea Business of $6.1 million or 71% from $8.6 million last year to $2.5 million in the first quarter of 2015, and from Offshore Support Services Business of $4.1 million or 13% from $32.7 million last year to $28.6 million in the first quarter of 2015. The decrease in revenue was mainly attributable to lower utilization of vessels from Subsea Business and Offshore Support Services Business as a result of the soft market conditions in the first quarter of 2015.

Pacific Radiance Ltd. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Pacific Radiance Ltd. announced audited consolidated earnings results for the year ended December 31, 2014. For the year, the company's revenue was $172.2 million compared with $168.6 million a year ago. Profit before taxation was $68.3 million compared with $56.8 million a year ago. Profit for the year attributable to equity holders of the company was $68.3 million or 9.4 cents per basic and diluted share compared with $56.8 million or 9.9 cents per basic and diluted share a year ago. Net cash flows generated from operating activities was $62.2 million compared with $29.1 million a year ago. Purchase of property, plant and equipment was $206.9 million compared with $191.6 million a year ago. As on December 31, 2014, the company's net asset value per share was 59.5 cents. Return on equity was 17.2% compared with 19.6% a year ago. Return on asset was 8.8% compared with 8.6% a year ago.

 

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PACRA:SP $0.31 SGD -0.005

PACRA Competitors

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Company Last Change
EMAS Offshore Ltd 1.23 NOK -0.07
Gulfmark Offshore Inc $8.20 USD -0.83
Mermaid Maritime PCL $0.17 SGD 0.00
Tidewater Inc $16.41 USD -1.52
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Industry Analysis

PACRA

Industry Average

Valuation PACRA Industry Range
Price/Earnings 7.1x
Price/Sales 1.1x
Price/Book 0.4x
Price/Cash Flow 7.1x
TEV/Sales NM Not Meaningful
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