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 March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

New Products

European Launch of SMS at Counter Terror Expo

Kelvin Hughes is delighted to announce that it will be displaying its new Single Mast Solution (SMS) at Counter Terror Expo 2014 from April 29-30. This will be

Holland American Line Launches 'Dive-in At The Terrace Grill’

Holland America Line is enhancing the Terrace Grill on its 15 premium ships and rebranding the popular lunch spot as “Dive-In at the Terrace Grill.” The outdoor

AMI Launches New Watermarkers Line

Applied Membranes, Inc. (AMI), an ISO 9001:2008 manufacturer of reverse osmosis systems, membranes and equipment, announced the launch of its new watermarkers product

Finance

UK Subsidises 8 Renewable Energy Contracts

The British government on Wednesday awarded investment contracts under a new subsidy regime to eight renewable energy projects, including five offshore wind farms and three biomass plants.

Two Navy Contracts for GD Bath Iron Works

Included in the latest listing of contracts awarded by the US Department of Defense, Navy, are two contracts with General Dynamics Bath Iron Works, Bath, Maine.

NIS Q1 Net Profit Up 18 %

Serbian oil company NIS , majority owned by Gazprom Neft, reported an 18 percent rise in net profit in the first quarter of 2014 on higher sales and improved production efficiency.

 
 
Maritime Security Offshore Oil Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
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: 0.0909 sec (11 req/sec)