Trading Companies and Distributors
Company Overview of KS Energy Limited
KS Energy Limited provides integrated oilfield supplies and services to oil and gas, marine, and petrochemical industries worldwide. It operates through Distribution, Drilling, and Corporate and Engineering segments. The company engages in trading and dealing in hydraulic products, instrumentation, and equipment, including industrial materials, general hardware, welding and cutting equipment and related products, welding consumables, machinery, marine-related products, spare parts, metal ware, valves, industrial products, and corrosion-resistant alloy pipeline components. It is also involved in the engineering, manufacture, and distribution of welding automation and industrial equipment, sys...
19 Jurong Port Road
Founded in 1974
Key Executives for KS Energy Limited
KS Energy Limited does not have any Key Executives recorded.
KS Energy Limited Key Developments
KS Energy Ltd. Reports Earnings Results for the Year Ended December 31, 2013
Mar 6 14
KS Energy Ltd. reported earnings results for the year ended December 31, 2013. For the year, the company reported profit attributable to owners of the company was SGD 0.023 million compared to SGD 0.562 million for the year ended December 31, 2012. Revenue for the year ended December 31, 2013 was SGD 161.77 million, compared to SGD 237.76 million for the year ended December 31, 2012. Profit before income tax for the year ended December 31, 2013 was SGD 4.66 million, compared to SGD 3.49 million for the year ended December 31, 2012.
KS Energy Limited Announces Group Unaudited Earnings Results for the Full Year Ended December 31, 2013
Feb 26 14
KS Energy Limited announced group unaudited earnings results for the full year ended December 31, 2013. For the year, the company reported revenue of $161,770,000 against $237,756,000 a year ago. Loss from operating activities was $3,048,000 against income from operating activities of $11,924,000 a year ago. Profit before income tax was $4,657,000 against $3,492,000 a year ago. Profit was $5122,000 against loss of $2,753,000 a year ago. Profit attributable to owners of the company was $23,000 against $562,000 a year ago. Cash flows from operating activities was $82,174,000 against $30,681,000 a year ago. Payments for purchase of plant and equipment was $97,627,000 against $25,445,000 a year ago. Payments for purchase of intangible assets was $95,000 against $165,000 a year ago. Earnings per ordinary share were less than 0.01 cents against 0.14 cents a year ago.
KS Energy Limited Secures Contract to Provide Drilling Rig in Vietnam
Feb 17 14
The board of directors of KS Energy Limited announced that it has secured a contract for the provision of a new 300ft drilling rig in Vietnam for Vietsovpetro. The contract is for a period of one year with an option to extend for an additional one year and is due to commence in the second quarter of the financial year ending December 31, 2014. The total value of the contract, excluding the potential extension, is approximately USD 58 million.
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