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In a separate announcement, Swiber said it had clinched
contracts worth US$153 million - its first wins in 2013 - mostly to
transport and install pipelines and offshore structures in South-east
Asia. - PHOTO: SPH
Swiber Holdings' net profit for the full year ended Dec 31, 2012
rose 42.4 per cent to US$45.7 million (S$56.6 million), on the back of a
45.5 per cent increase in revenue to US$952.2 million from a year ago.
Both its net profit and revenue were the highest since its listing in 2006, the offshore construction and support services provider said on Wednesday.
It did not provide separate figures for its fiscal fourth quarter.
"The strong revenue growth was driven by various offshore construction contract wins in Latin America and South-east Asia," it said.
Both its net profit and revenue were the highest since its listing in 2006, the offshore construction and support services provider said on Wednesday.
It did not provide separate figures for its fiscal fourth quarter.
"The strong revenue growth was driven by various offshore construction contract wins in Latin America and South-east Asia," it said.
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