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PR Newswire
27-05-2022, 06:02 AM
Higher dividends of total $0.01/share declared with FY22's full-year results..
https://links.sgx.com/FileOpen/JMG%20FY2...eID=718741
Business and profit prospects going forward seem to be turning for the better. The following para is extracted from p22 of the results..
Global supply chain disruption has driven up the cost of doing business and shortage of manpower is
an ongoing issue. As such, the Group expects market conditions to remain highly challenging and its
financial performance will continue to be affected by the uncertainties and developments in the
marine offshore oil and gas industry as well as the global economy. However, the market sentiments
on the business outlook have been much better than before, and the Group have also seen improved
business activities as compared to last year, especially with the global increase in shipping activities
as well as the increase in oil prices. There have also been more business opportunities in the renewal
energy segment, and the Group will continue to take active steps to seize such opportunities.
https://links.sgx.com/FileOpen/JMG%20FY2...eID=718741
Business and profit prospects going forward seem to be turning for the better. The following para is extracted from p22 of the results..
Global supply chain disruption has driven up the cost of doing business and shortage of manpower is
an ongoing issue. As such, the Group expects market conditions to remain highly challenging and its
financial performance will continue to be affected by the uncertainties and developments in the
marine offshore oil and gas industry as well as the global economy. However, the market sentiments
on the business outlook have been much better than before, and the Group have also seen improved
business activities as compared to last year, especially with the global increase in shipping activities
as well as the increase in oil prices. There have also been more business opportunities in the renewal
energy segment, and the Group will continue to take active steps to seize such opportunities.