OceanPact Servi?os Mar?timos S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 17, 2021 at 04:20 am IST
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OceanPact Servi?os Mar?timos S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was BRL 236.15 million compared to BRL 156.44 million a year ago. Net loss was BRL 31.13 million compared to BRL 4.04 million a year ago. Basic loss per share from continuing operations was BRL 0.16 compared to BRL 0.03 a year ago. Diluted loss per share from continuing operations was BRL 0.16 compared to BRL 0.03 a year ago.
For the nine months, sales was BRL 588.46 million compared to BRL 486.04 million a year ago. Net loss was BRL 32.85 million compared to BRL 16.86 million a year ago. Basic loss per share from continuing operations was BRL 0.17 compared to BRL 0.14 a year ago. Diluted loss per share from continuing operations was BRL 0.17 compared to BRL 0.14 a year ago.
Oceanpact Servicos Maritimos SA is a Brazil-based provider of maritime services. The Companyâs activities are divided into three business units: Environment, Subsea and Logistics and Engineering. The Environment division is dedicated to protection services, oceanographic surveys, environmental licensing and studies, operational safety and environmental remediation. The Subsea unit is focused on geophysics, geotechnics, inspection, repair and maintenance services, as well as on support to construction and decommissioning of offshore developments. The Logistics and Engineering division provides services related to maritime logistics, offshore support bases, port and coastal engineering, civil and industrial construction, maritime and ports works, dredging and facilities and industrial cleaning. The Company serves customers mainly in the oil and gas, energy and telecommunications sectors.