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ES Group
31-07-2015, 07:23 AM.
Post: #1
ES Group
ES Group (Holdings) Limited, a Singapore-based company, is a marine and offshore group engaged in new building, conversion and repair of ocean-going vessels with a long operating history spanning over 30 years. Its customers are primarily reputable shipyard operators in Singapore such as Sembawang Shipyard, Keppel FELS and Singapore Technologies Marine. They also own a shipyard in Thailand where they provide new building and conversion services at a 70,000 sq m shipyard with fabrication grounds.The company build, convert and repair a wide range of vessels, such as tugs, barges, rigs, offshore support vessels, oil tankers and cargo ships. They are able to perform repairs on marine and offshore structures and vessels of all types and sizes, whether afloat or drydocked.

ES Group was doing quite well in FY2014. However, it expects to incur a net loss in 1H FY2015.

It appears that most of the oil and gas companies are not doing well lately. It is best to avoid oil and gas sector for time being.

PROFIT GUIDANCE FOR THE HALF YEAR ENDED 30 JUNE 2015
http://infopub.sgx.com/FileOpen/ESG%20-%...eID=362420

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