Philly Shipyard ASA: 2015 Annual Report
March 22 2016 - 9:02AM
Please find attached the
2015 Annual Report for Philly Shipyard.
The company's 2015 Annual Report shows net income
for 2015 of USD 17.4 million. In comparison, the company's Q4
2015 Report showed a preliminary net income for 2015 of USD 19.0
million. The reduction of net income for 2015 is due to a deferred
tax expense of USD 1.6 million related to unrealized foreign
currency gains for tax purposes on an intercompany loan at the
parent company.
This information is subject
to the disclosure requirements pursuant to section 5-12 of the
Norwegian Securities Trading Act.
2015 Annual Report
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Philly Shipyard ASA via Globenewswire
HUG#1996759
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