SapuraKencana Petroleum Berhad Announcement of Q3 2015 Results and Interim Dividends
Date: 9.12.2014.

Kuala Lumpur, 9 December 2014

Tan Sri Dato' Seri Shahril Shamsuddin, President and Group CEO commented:

“The Group generated revenues of RM 7.5 billion and after-tax profits of RM 1.3 billion in the first nine months of FY2015 as compared to RM 6.5 billion and RM 787 million respectively in the same period in FY2014. Correspondingly, the Group’s earnings per share have increased by 64% from 13.24 sen to 21.76 sen per share in that same period.

I am also pleased to announce that the Board of Directors has approved the payment of an interim dividend of 2 sen per share.

The integration of SapuraKencana Energy, together with the inclusion of drilling for the first full 9 months of FY 2015, strengthened the Group’s EBITDA profile to RM 2.7 billion, an 80% increase from the RM 1.5 billion reported for the same period last year.

The Group’s cash position has increased to RM 1.9 billion, up from RM 1.4 billion at the end of FY2014.

The Drilling division, operating entirely in the development and production segment of the industry, continues to be well positioned with our high fleet utilization, long term contracts and fleet renewal program.

The Offshore Construction and Subsea Services division’s Brazil operations are progressing well, with the early commencement of work for our second deepwater pipelay support vessel, ramping up of manpower and setup of local training facilities as planned.

Fabrication, Hook-up and Commissioning continues to see a good turnover of projects, with the TTM EVA topsides and jacket delivered ahead of schedule.

We continue to add to our FHUC orderbook, which will contribute to earnings FY2016 onwards.

SapuraKencana Energy recently announced the proposed acquisition of PETRONAS’ assets in Vietnam (3 PSC blocks) and the successful signing of the PSCs for two onshore exploration blocks in Sabah, Malaysia. This is in line with our strategy of having a mix of producing, development and exploration assets with a good balance between oil and gas.

Our orderbook is maintained at approximately RM 26 billion as of November 30, 2014.

The Group is confident in delivering sustained financial performance for the financial year ending 31 January 2015, on the back of recurring income from long-term contracts and a strong balance sheet.

We remain confident that through optimization of our operations, the Group will be able to deliver good financial performance in the medium term.”


  • SapuraKencana Petroleum Berhad reports YTD Q3 FY2015 revenues of RM 7.5 billion, an increase of 16% compared to previous year YTD Q3 FY2014.
  • SapuraKencana Petroleum Berhad reports YTD Q3 FY2015 EBITDA of RM 2.7 billion, an increase of 80% compared to previous year YTD Q3 FY2014.
  • SapuraKencana Petroleum Berhad reports YTD Q3 FY2015 profits before tax of RM 1.6 billion, an increase of 69% compared to previous year YTD Q3 FY2014.
  • SapuraKencana Petroleum Berhad reports YTD Q3 FY2015 after-tax profit tax of RM 1.3 billion, an increase of 66% compared to YTD Q3 FY2014 and earnings per share of 21.76 sen for Q3FY2015.
  • SapuraKencana Petroleum Berhad declares an interim dividend of 2 sen per share.