JAKARTA - On June 2, PT Sillo Maritime Perdana Tbk (SHIP) was awarded the contract for the Provision of Primary and Secondary Crew Boat Service based on a Letter of Award issued by Saka Indonesia Pangkah Limited.
Based on information disclosure on the IDX, the estimated value of the contract reached US$ 6,947,000. The contract, which runs until June 23, 2024, is expected to increase the company's revenue.
For information, SHIP successfully recorded a net revenue of US$ 90.63 million in 2019, up 34.37% compared to the previous year of US$ 67.45 million. The company's profit also increased to US$ 14.13 million from US$ 10.12 million at the end of 2018. (LM)