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• Revenue: +31.6% (4Q09), +59.5% (FY09)
• Net Profit: +8.2% (4Q09), +41.7% (FY09)
• Outlook: The uncertainty of economic recovery, current weak demand and low oil prices, and investment cutbacks by national and international oil companies are growing concerns for the offshore support vessel sector.
• The Group will continue to keep up its efforts to ride through the current industry downturn and stay resilient.
• Under its fleet renewal program, the Group expects to take delivery of the remaining two sister 12,240bhp AHTS vessels in December 2009 and February 2010 currently under construction in Japan.
• Save as disclosed herein, there are no material factors or events which may affect the earnings of the Group between this date up to which the report refers and the date on which the report was issued.

FINANCIAL RECORDS

Revenue (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 15,379 18,245 18,219 16,951 68,794
2008 11,482 8,966 9,806 12,877 43,131
2007 11,832 11,457 10,271 12,116 45,676
2006 8,494 8,052 8,556 10,214 35,316
2005 6,512 7,011 7,261 7,819 28,603
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Earnings (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 14,093 16,292 11,461 14,393 56,239
2008 12,116 7,124 7,138 13,301 39,679
2007 16,232 8,053 9,852 6,036 40,173
2006 2,722 2,847 3,096 4,286 12,951
2005 3,130 3,598 3,788 3,304 13,820
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Dividends

FY Interim Final Special (SGD)
2009 0.005 0.015 NA
2008 0.005 0.015 NA
2007 0.005 0.035 NA
2006 0.005 0.010 NA
2005 NA 0.015 NA
2004 NA 0.010 NA
2003 NA 0.010 NA
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Bonus / Rights / Stock Split

Date Type Details
NA
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Share Data (USD)

NAV = $0.2658
EPS = $0.0798 (12M FY09)
No of Shares = 705,090,514
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA