ASRY Revenues Reach $90Mn In 2002, Operating Profit Of $4.3Mn
The OAPEC-sponsored Arab Shipbuilding and Repair Yard Company (ASRY), based in Bahrain, has announced total revenues for the year 2002 of $90mn, an increase of 11% against the previous year and 8.4% above forecast revenue for the year. Operating profit came to $4.3mn. ASRY won 95 major repair and maintenance contracts in 2002 for ULCCs, VLCCs, other types of ships, drilling rigs, and offshore...
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