Annual profit of 38 MNOK at Fosen Yard
Published: 29.04.2008
Fosen Yard had a revenue of 1,172 MNOK in 2007. The company generated a profit of 38 MNOK.
Chaiman of Fosen Holding AS, Ragnar Lyng, today presented the enclosed press release stating that Fosen Yard in 2007 generated 1,172 MNOK in revenue. This generated a profit of 38 MNOK.
Fosen Yards has presently a total of 4 ships in production. In addition the yard has orders worth 2.000 MNOK for final board approval, and other contracts are negotiated.
The owners also annouce that Pareto Security AS has been hired to assist the yard in monitoring the possibilities in regard to it's long term position in the market.
For any questions, please contact chairman of Fosen Holding AS, Ragnar Lyng, at +47 40006000.
Press release: Pressemelding 290408.pdf