Sinwa

Results

Sinwa reverses into profitability in FY17 on record revenue

SINGAPORE (Feb 21): Sinwa, the marine supply and logistics company, has reversed back to profitability in FY17, posting earnings of $9.5 million compared to a loss of $9.5 million in FY16.

Results

Sinwa reports 19% rise in 3Q earnings to $1.7 mil on higher sales

SINGAPORE (Nov 7): Sinwa, the provider of marine and offshore supplies and logistics, reported 3Q earnings rose 18.9% to $1.72 million from $1.4 million a year ago.

Stocks To Watch

USP, Valuetronics, Neo, Ocean Sky, Eurosports, Sinwa

SINGAPORE (May 25): Here are some stocks to watch this Thursday morning:

Sinwa wins contracts totalling $8.3 mil from Shell Prelude FLNG project

SINGAPORE (May 24): Sinwa, the marine, offshore, supply and logistics player, have won a number of new supply agreements totalling A$8 million ($8.3 million), for vessels involved in the Shell Prelude Floating Liquefied Natural Gas (FLNG) Project.

Sinwa sounds 4Q and full-year loss warning

SINGAPORE (Jan 16): Marine supply and logistics company Sinwa expects to record a loss in the 4Q16 and FY16.

Singapore’s US$24 bil wipeout eats into city’s shipyard base

SINGAPORE (Oct 19): Customers have dwindled by the week at Indian Masala Hut, a curry stall in Singapore’s shipyard heartland. Manager K. Muralidoss blames the slump in oil rig-building that led to the elimination of thousands of jobs, many held by work
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