Dyna-Mac Company profile
About Dyna-Mac Holdings Ltd
Dyna-Mac Holdings Ltd. is a Singapore-based engineering, fabrication and construction of offshore floating production storage offloading (FPSO) and floating storage offloading (FSO) topside modules as well as onshore plants and other sub-sea products for the oil and gas industries. The Company operates through two segments: Module business and Ad-hoc projects. Its offshore projects include ExxonMobil Liza Destiny FPSO, ExxonMobil Liza Unity FPSO, Miamte MV34 FPSO, Noble Leviathan Production Platform, Culzean Ailsa FPSO, Catcher Development Turret Module, ZADCO Upper Zakum UZ 1M Enabler Project, Singapore Jurong Cogen Project-Pipe Racks, Singapore Jurong Cogen Project-Pipe Racks, Ten Tullow FPSO, FPSO Ten Tullow-Pipe Racks, OSX 3 FPSO-Pipe Racks and other.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Dyna-Mac Holdings Ltd revenues increased from SP$84M to SP$220.2M. Net income totaled SP$5.5M vs. loss of SP$58.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Basic Earnings per Share excluding Extraordinary Items increased from -SP$0.06 to SP$0.01.
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