Wintermar Offshore (WINS:JK) Reports 1H2026 Results
Wintermar reports 24.4% YOY Growth in Attributable Net Profit to US$8.4 million with additional High Tier vessels in operation and better fleet utilization at 62% for 1H2026 compared to 56%…
Wintermar Offshore (WINS:JK) Reports 1Q2026 Results
Wintermar (WINS:JK) records attributable net profit growth of 194%YOY to US$4.8million for 1Q2026 on 47.8% YOY revenue growth. Owned Vessel Division With more High Tier vessels in operation since December…
Wintermar Reports Results for the Year Ended 31 December 2025
Wintermar’s Operating Profit for FY2025 jumped by 31% YOY to US$23.3 million, reflecting margin expansion through a better fleet mix. Core Profit increased by 19.2% YOY to US$18. Owned Vessel…
Wintermar Offshore (WINS:JK) Reports 9M2025 Results
Wintermar booked a 25.1%YOY rise in 9M2025 Operating Profit to US$14.7million, supported by an 11.6% increase in Owned Vessel Revenue and rising Gross Margins. Owned Vessel Division Owned Vessel Revenue…
Wintermar Offshore (WINS:JK) Reports Turnaround 9M2021 Results
Wintermar Offshore Marine (WINS:JK) has announced turnaround results for 9M2021 with a net profit of US$0.49 million following a loss of US$7.44 mil in 9M2020. Stronger oil prices and measures…
Wintermar Plans to Reposition Company for Growth
WINS’ management repositioning Company for expansion, through fleet restructuring and refocusing on future growth areas. In the Public Expose on 25th August 2021, PT Wintermar Offshore Marine Tbk (WINS:JK) Managing…
Wintermar Shareholders Approve New Share Issuance for Future Growth
WINS’ independent shareholders approve new issuance of up to 415 million shares without pre-emptive rights to enable the Company to invest amidst better industry conditions. PT Wintermar Offshore Marine Tbk…
Wintermar Offshore (WINS:JK) Reports 1H2021 Results
Wintermar Offshore Marine (WINS:JK) has announced results for 1H2021, achieving a gross profit of US$3.3 million for 1H2021, compared to gross loss of US$0.66 million for the same period last…
Wintermar Offshore (WINS:JK) Reports 1Q2021 Results
Wintermar Offshore Marine (WINS:JK) has announced results for 1Q2021. Wintermar is back in the black with net profit before tax of US$0.2 million, after three quarters of net losses. Business…
Wintermar Offshore (WINS:JK) Celebrates 10th Anniversary of IDX Listing
Wintermar commemorated 10 years as a publicly listed company on the Indonesian Stock exchange on 29 Nov 2020. Wintermar is pleased to commemorate the 10th anniversary of its status as…
Wintermar Offshore (WINS:JK) Reports 9M2020 Results
Wintermar Offshore Marine (WINS:JK) has announced results for 9M2020. Wintermar’s Owned Vessel revenue for 9M2020 was 17% lower YOY at US$24.6 million and there was a slight improvement on a…
Wintermar Offshore (WINS:JK) Certified for ISO 45001:2018
Wintermar’s Occupational Health and Safety Management System has attained the ISO 45001:2018 certification, demonstrating the group’s continued commitment to quality services for clients. On 8 October 2020, PT Wintermar Offshore…
Wintermar Offshore (WINS:JK) Holds Virtual Public Expose
Wintermar’s cash flow has improved after rescheduling short term loans, while oil prices have recovered as COVID-19 restrictions are easing across the world. On 25 August 2020, PT Wintermar Offshore…
Wintermar Offshore (WINS:JK) Reports 1H2020 Results
The COVID-19 pandemic and plunging oil prices cause contract postponement and cancellation, resulting in 17% YOY fall in Wintermar’s 1H2020 revenue compared to 1H2019, with a gross loss of US$658,855…
Wintermar Offshore (WINS) Expects Conditions to Improve in 2021 as Recovery in OSV Industry is Delayed by COVID-19 Impact on Oil Price
PT Wintermar Offshore Marine Tbk (WINS:JK) today held its Annual General Meeting of Shareholders (“AGM”), attended by shareholders meeting a quorum of more than 82%. The 6 agenda proposed by…
Wintermar Offshore (WINS:JK) Successfully Reschedules US$29 Million of Debt with IFC and DEG
Wintermar Offshore Marine (WINS:JK) has successfully concluded an agreement with IFC and DEG to reschedule US$29 million of debt, deferring US$15.6 million in principal installments for 2020 and 2021. Wintermar…
Wintermar Offshore (WINS:JK) back to black in 1Q2020
Wintermar Offshore Marine (WINS:JK) returned to profitability during 1Q2020 with Owned Vessel Revenue up 18% YoY to US$9.9 million, and gross profit of US$1.28 million compared to a gross loss…
Wintermar Offshore (WINS:JK) Reports FY2019 Results
Wintermar Offshore Marine (WINS:JK) has reported results for the 2019 financial year, with a smaller Net Loss of US$13.3 million for FY2019, a drop of 48% from the previous year,…