【ARMADA 5210 交流专区】布米亚马大

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Type	Announcement
Subject	OTHERS
Description	Bumi Armada Berhad - Signed Production Sharing Contract for Akia exploration block in the North Kalimantan Province, Indonesia
Reference is made to the announcement made by Bumi Armada Berhad (“Bumi Armada”) on 25 September 2023 on the Akia Production Sharing Contract (“Akia PSC”). Bumi Armada wishes to announce that in relation to the Akia PSC, its wholly owned subsidiary Armada Akia B.V (“AABV”) (as Operator with 51% participating interest in the Akia PSC) and Pexco Tarakan N.V. (“Pexco”) (with 49% participating interest in the Akia PSC) have entered into a Joint Operating Agreement (“JOA”) forming a joint venture consortium on a 50:50 economic basis. The JOA is a related party arrangement.  Objektif Bersatu Sdn Bhd ("OBSB"), a wholly owned subsidiary of Usaha Tegas Sdn Bhd ("UTSB"), has a direct 34.61% interest in Bumi Armada. Tatparanandam Ananda Krishnan is a major shareholder of Bumi Armada (by virtue of his deemed interest through, inter alia, UTSB and OBSB), and also holds a 100% indirect interest in Pexco. No related party transaction announcement is required to be made by Bumi Armada at this stage as the relevant percentage ratio has not been exceeded. The announcement is dated 12 October 2023.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2024	30 Jun 2023	30 Jun 2024	30 Jun 2023
		$$'000	$$'000	$$'000	$$'000

1	Revenue	578,859	441,324	1,214,397	985,311
2	Profit/(loss) before tax	270,233	105,897	540,464	305,927
3	Profit/(loss) for the period	268,455	107,135	531,563	303,049
4	Profit/(loss) attributable to ordinary equity holders of the parent	265,958	118,770	506,502	319,780
5	Basic earnings/(loss) per share (Subunit)	4.49	2.01	8.55	5.40
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.0500		0.9400