Grand Banks Yachts

Results

Grand Banks Yachts’ net profit for 9MFY2024 at multi-year high of $10.9 mil

Gross profit margin for the same period rose to 38.0% from 28.3% in the 9MFY2023.

Insider moves

Insiders of JB Foods buy amid cocoa price surge; Willimbury raises Grand Banks Yachts stake

JB Foods sells cocoa butter and other ingredients to chocolate makers

Insider moves

Substantial shareholder Willimbury purchases 1.7 mil units in Grand Banks Yachts

The off-market transaction took place on March 28 at 31 cents apiece or $529,945 in total.

Results

Grand Banks Yachts records 91.7% y-o-y earnings increase to $6.9 mil for 1HFY2024

Grand Banks has declared an interim dividend of 0.5 cents per ordinary share, to be paid on March 15.

Results

Grand Banks Yachts reports 158.0% y-o-y surge in 1QFY2024 NPAT of $2.8 mil

The higher bottom line was due to the ramp-up in boat-building activities at its manufacturing yard.

Results

Grand Banks Yachts reverses into $1.1 mil net profit in 1QFY2023

The group saw revenue nearly double to $22.4 million. Its order book also reached an all-time high of $191.8 million.

Insider moves

Keppel Corp starts $500 mil buyback mandate; Grand Banks Yachts' shareholder raises stake

As of Feb 9, Keppel has bought back a total of nearly 6.4 million shares of the 36.4 million allowed under its current mandate.
Grand Banks Yachts expects 1QFY22 revenue to decline 53.3% y-o-y due to prolonged shutdown  - THE EDGE SINGAPORE

Results

Grand Banks Yachts expects 1QFY22 revenue to decline 53.3% y-o-y due to prolonged shutdown

The company faced several disruptions to operations at its manufacturing facility in Pasir Gudang
Grand Banks Yachts to halt operations at Pasir Gudang yard due to MCO - THE EDGE SINGAPORE

Covid-19

Grand Banks Yachts halts operations at Pasir Gudang yard due to MCO

The company says it is unable to ascertain the financial impact of the closure yet given the fluid Covid-19 situation.

Results

Grand Banks Yachts' record book hits ten-year high

SINGAPORE (Feb 13): Grand Banks Yachts has reported that earnings for its Q2FY2020 increased by 329.8% y-o-y to $361,000. Revenue in the same period increased by 10.1% to $19 million. The company’s order book, as at Dec 31 2019, has reached a ten-year-
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