Sinwa Posts Record Quarterly Net Profit

Listed on the SGX Mainboard and Asia Pacific’s marine, offshore supply and logistics player, Sinwa Limited, has announced its financial results for the three months ended March 31, 2014 (Q1 2014).

Commenting on the Group’s business outlook, Bruce Rann, Group CEO of Sinwa, said,  “We are delighted to announce that Sinwa has once again achieved an excellent set of results for our first quarter of FY 2014 on our thriving core business. Going forward, we will continue to concentrate our resources onto our core marine and offshore supply and logistics business, and we will continue to look for opportunities to enhance our client base throughout the Asia Pacific Region.
 

The outlook for the offshore market remains optimistic and we plan to further expand our supply and logistics operations to this promising sector to unlock further value for our shareholders.”