XSES
DU4
Market cap94mUSD
Sep 17, Last price
0.09SGD
1D
3.66%
1Q
-19.81%
Jan 2017
-43.33%
IPO
-76.84%
Name
Mermaid Maritime PCL
Chart & performance
P/E
14.33
P/S
0.19
EPS
0.00
Div yield, %
—
Shrs. gr., 5y
3.15%
Rev. gr., 5y
41.50%
Revenues
496m
-3.28%
Net income
7m
-52.29%
CFO
43m
+173.74%
Dividend
Apr 28, 20260.00124079 SGD/sh
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Profile
Mermaid Maritime Public Company Limited, with its subsidiaries, delivers specialized subsea and offshore services across Thailand, Qatar, the United Arab Emirates, the United Kingdom, and Saudi Arabia. The company's core subsea activities include inspection, repair, and maintenance, support for infrastructure installation, remotely operated vehicle (ROV) assistance, and the laying of cables and flexible pipes. Additionally, Mermaid Maritime operates subsea vessels, provides diving and ROV services, and offers comprehensive submarine product installation, encompassing engineering, cable transportation, surveys, actual cable placement with accessories, shore and platform pull-ins, and ongoing inspection, repair, and maintenance of these subsea cables. Further services extend to offshore construction support, detailed offshore surveys, precise surface and subsea positioning, provision of specialized equipment and software, and skilled personnel. These offerings primarily cater to the offshore oil and gas industries. Established in 1983 and headquartered in Bangkok, Thailand, Mermaid Maritime Public Company Limited operates as a subsidiary of Thoresen Thai Agencies Public Company Limited.
Key people
Non-Executive Chairman of the Board · since 2012
Phiboon Buakhunngamcharoen
Chief Financial Officer · since 2017
Paul Whiley
Chief Operating Officer, Executive Director · since 2021
Chief Executive Officer, Executive Vice Chairman of the Board · since 2024
Michel Lefebvre
Lead Non-Executive Independent Director · since 2024
Non-Executive Director · since 2013
Yew Chee Tan
Independent Director · since 2025
Kee Fei Tang
Non-Executive Independent Director · since 2017
Valuation
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