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Mermaid Maritime reports 3QFY09 Results (14 Aug 09)

Labels:

  • Revenue: +1.7% (3Q09), -10.7% (9M09)
  • Net Profit: -30.8% (3Q09), -27.5% (9M09)
  • Outlook: The Group's two newbuild DP2 DSVs are presently under construction and due for delivery Q3 CY2009 and Q4 CY2009.
  • The Group's newbuild DP2 ROV vessel is scheduled for delivery Q4 CY2009.

FINANCIAL RECORDS

Revenue (Baht '000)

FY 1Q 2Q 3Q 4Q Total
2009 1,582,609 951,096 1,459,658
2008 1,097,906 1,075,050 1,435,298 1,677,189 5,285,443
2007 956,388 982,691 1,186,143 1,006,051 4,131,273
2006 NA NA NA NA 3,167,357
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Earnings (Baht '000)

FY 1Q 2Q 3Q 4Q Total

2009 307,380 (58,990) 317,221
2008 240,279 113,173 457,961 350,644 1,162,057
2007 142,799 239,916 209,873 (59,301) 533,287
2006 NA NA NA NA 538,335
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Dividends

FY Interim Final Special (Baht)

NA
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Bonus / Rights / Stock Split

Date Type Details

NA
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Share Data (Baht)

NAV = $19.48
EPS = $1.045 (9M FY09)
No of Shares = 541,205,340
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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