May 21, 2013
Bumi Armada’s Q1 Revenue Up 46% Y-O-Y* And Net Profit* Up 22% Y-O-Y – Revenue of RM488.8 Million and Net Profit of RM109.7 Million
21 May 2013 – Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad posted Q1 revenue of RM488.8 million, with EBITDA of RM253.8 million and net profit for the period of RM109.7 million as a result of increased activity in its FPSO, OSV* and T&I* segments. Compared to the same period a year ago, its revenue grew 46%, EBITDA grew by 12% and net profit was up 22%.