ST Engineering - Marine: Results For The Year Ended 31 December 2013

Search ST Engineering

English
AA

Marine: Results For The Year Ended 31 December 2013

Details on how the business of the Sector is managed and its related performance are set out below. This information is given on a voluntary basis and from the perspective of the Sector management, as its disclosure is not required by law or regulation.

Marine
“Better Performance”

FINANCIAL HIGHLIGHTS for the year ended 31 December 2013

 

2013

2012

Growth%

Revenue ($m)

1,239

1,011

23

Earnings before interest and tax (EBIT) ($m)

134.5

122.2

10

Other income, net ($m)

6.0

6.1

(2)

Finance income/(costs), net ($m)

3.7

(2.0)

286

Profit before tax (PBT) ($m)

146.3

127.6

15

Profit attributable to shareholders ($m)

110.0

95.0

16

Economic value added (EVA) ($m)

114.8

91.4

26


 
“The Marine sector recorded better performance with higher revenue and profits in FY2013. It ended the year with a stronger order book.

VT Halter Marine has also added shiprepair capabilities to its facilities in Pascagoula and has commenced ship repair activities."

~ Ng Sing Chan, President

 

Marine FY2013 Audited Results

 

N.B.: All currencies are in Singapore dollars.

Top