Five-YearPerformance
Review
2017
2016
2015
2014
2013
$’000
$’000
$’000
$’000
$’000
Revenue
5,002
21,520 54,064 86,272
83,299
Gross profit
2,619
5,671
15,219
22,707
23,768
Pre-tax (loss) / profit
(11,283)
(9,222)
11,124
16,326 26,080
Pre-tax (loss) / profit*
(11,283)
(9,222)
11,124
16,326
17,818
Net (loss) / profit
(10,690)
(8,327)
9,164
13,517
22,373
Shareholders' equity
202,514
215,667 228,913 216,901 239,843
Cash and short-termdeposits
86,642
106,956 140,070 168,685 205,871
Earnings per share (cents)**
(5.3)
(4.1)
4.7
7.5
13.4
Dilutedearnings per share (cents)**
(5.3)
(4.1)
4.7
7.1
12.0
Cashper share (cents)**
42.7
52.7
69.0
91.4
118.0
* Excluding share of results from associates and gains from disposal of associates
** Numbers are adjusted based on the revised numbers of shares as a result of share consolidation inMay 2016
5-yearperformance
2013
With thegainof $8.8million
from thedisposal of its associate,
DiscoveryOffshoreS.A., the
Group sawgreater profitability in
2013.With theexclusionof the
investment gain, theGroup’s
pre-taxprofit improved to$17.8
million for 2013 from$15.1million
in2012.
Despitepayingout a record
dividendof $87.2million to
shareholders for financial year
2012, theGroup’s cashposition
remained strong at $205.9million
at December 2013or 118.0cents
per share. Thiswas attributable
toproceeds from theconversion
ofwarrants andpositivecash
inflows fromoperations.
2014
In2014, theGroupwitnessed its
revenue increasing4% year-on-
year. TheGroup’s pre-taxprofit
of $16.3million for FY2014was a
slight declinecompared to the
pre-taxprofit (excluding
investment gain) of $17.8million
recorded for FY2013.
Withhigher administrative
expenses due tonewoperating
subsidiaries, theGroup incurred
an additional administrative
expenseof $3.2million in FY2014.
However, this increasewas offset
byhigher exchangegain and lower
taxationcharge for the year.
2015
Withoil prices declining since the
secondhalf of 2014, demandhas
taken a substantial hit causing
revenue todeclineby 37% to
$54.1million. Correspondingly,
pre-taxprofit also reducedby
32% to$11.1million for FY2015.
BAKER
Technology
L IMI TED
THE BE ST
I N US
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