Stolt Offshore 4Q and Full Year Results

Wednesday, January 30, 2002
Stolt Offshore S.A. reported results for the fourth quarter and the year ended November 30, 2001. The net loss for the latest quarter was $2.0 million, or $0.02 per share, before the write off of certain intangible assets relating to the Comex name of $7.9 million, and $9.9 million, or $0.11 per share after the intangible write off, on net operating revenue of $417.3 million, compared with net loss of $2.3 million, or $0.03 per share, on net operating revenue of $299.5 million for the same period last year. The weighted average number of common share equivalents outstanding for the quarter was 87.2 million compared with 87.1 million for the same period of 2000. The net loss for the year ended November 30, 2001 was $6.3 million, or $0.07 per share, before the intangible write off, or $14.2 million or $0.16 per share after the intangible write off, on net operating revenue of $1.3 billion, compared with a net loss of $31.1 million or $0.40 per share before one-off items, or $34.4 million or $0.44 per share after one-off items, on net operating revenue of $983.4 million for the same period in 2000. The weighted average number of common share equivalents outstanding for fiscal 2001 was 87.2 million, compared with 78.8 million for the same period of 2000.
Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

New Products

GasLog Orders Two LNG Carriers

GasLog Ltd. today announced that it has ordered two new 174,000 cubic meter LNG carriers from Hyundai Heavy Industries Co., Ltd. ("Hyundai") in South Korea.

Ondimar Firms Order Suezmax Quartet at Navantia

Navantia and Maritime Transport Ondimar LDA (shipping company Ibaizabal Group) today ratified the contracts signed in late June and the financial structure for

Strategic Marine’s Stock Program Full Power Ahead

Strategic Marine, the specialist shipbuilder and fabricator, has confirmed its stock program of personnel transport vessels is market-ready. “Our stock program

Finance

Egypt Says Finishes Work on New Suez Canal

Egypt has finished building its New Suez Canal, its overseer said on Wednesday, a project President Abdel Fattah al-Sisi sees as a symbol of national pride and

Harper Government Invests in Naufrage Harbor

The Honorable Gail Shea, Minister of Fisheries and Oceans, announced today an investment to improve safety and working conditions for fishermen at Naufrage Harbor, Prince Edward Island.

Strategic Marine’s Stock Program Full Power Ahead

Strategic Marine, the specialist shipbuilder and fabricator, has confirmed its stock program of personnel transport vessels is market-ready. “Our stock program

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1115 sec (9 req/sec)