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How Did Bhagwan Marine Achieve Record Earnings and Declare Its First Dividend?
3:35am on Saturday 30th of August, 2025 AEST
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Marine Services
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How Did Bhagwan Marine Achieve Record Earnings and Declare Its First Dividend?
3:35am on Saturday 30th of August, 2025 AEST
Key Points
Record net revenue of $283 million, up 5%
Pro forma EBITDA surged 23% to $50.9 million
Inaugural fully franked dividend of 0.5 cents per share declared
Expanded fleet with Coral Knight acquisition and six-year Port of Melbourne contract extension
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Bhagwan Marine (ASX:BWN)
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