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BOMESC's first-half profit rose 245%

On the evening of July 29, BOMESC Offshore Engineering Company Limited issued the results report for the first half of 2021. In the first half of 2021, the operating income was about 1.995 billion yuan, and the net profit attributable to the shareholders of the listed company was about 145 million yuan, an increase of 244.92% compared with the same period last year, and the basic earnings per share was 0.64 yuan.
 
According to the 2020 annual report, the main business of the company is natural gas liquefaction module, offshore oil and gas development module and mining development module, accounting for 54.7%, 29.31% and 15.77% of the revenue respectively.
BOMESC said that in the first half of 2021, international crude oil prices continued to climb, orders in the offshore market were released in batches, and the market demand for high-quality modular site resources grew rapidly.
 
Based on the analysis of market conditions, the company actively adjusted its order strategy, focusing on the expansion of business scope while improving the company's order scale.
 
Source: Sarah Yu, XINDE MARINE NEWS

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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