August 16, 2012
Bumi Armada Posts Y-O-Y EBITDA Increase of 26.8% To RM468.2 Million and Net Profit Increase of 27.6% To RM181.6 Million for First Six Months of 2012
16 August 2012 – Malaysia-based international offshore oil field services provider, Bumi Armada Berhad posted YTD (year to date) revenue of RM719.7 million, with EBITDA of RM468.2 million and net profit* for the period (half year ending June 30) of RM181.6 million. While YTD revenue was slightly down by 6.4%, EBITDA and profit were up by RM99.1 million and RM39.5 million respectively against the same period in 2011.