JAKARTA, Mar 17, 2017 - (ACN Newswire) - Wintermar Offshore Marine (WINS.JK) has announced FY2016 financial results. Operating profit rose 68% YOY to US$4.9M, EBITDA rose 8% YOY to US$33M, and net gearing fell to 50% as at end 2016.

In what was an extremely challenging year, management took certain actions to preserve cash flow and generate...