SWIBER records 68.3% increase in HY2014 Net Profit to US$63.0 million

Swiber Holdings Limited (“Swiber” or together with its subsidiaries, the “Group”), a leading, global integrated construction and support services provider to the offshore oil and gas industry, yesterday reported that it has achieved net profit of US$63.0 million for the six months ended June 30, 2014 (“HY2014”), up 68.3% from US$37.4
million in the same period a year ago. This was lifted mainly by higher other operating income which increased significantly by US$97.5 million to US$112.4 million in HY2014.

Source: Swiber