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Bhagwan Marine Soars Beyond Forecasts in FY24
Company Announcements

Bhagwan Marine Soars Beyond Forecasts in FY24

Bhagwan Marine Ltd. (AU:BWN) has released an update.

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Bhagwan Marine Ltd. announced robust financial results for FY24, surpassing its Prospectus forecasts with a 79% increase in gross revenue to $303.1 million and a rise in EBITDA by up to 14%. The company’s successful initial public offering and its expansion into the lucrative decommissioning sector highlight a transformative year. Bhagwan Marine’s growth is supported by enhanced safety performance, diversified operations, and strong governance.

For further insights into AU:BWN stock, check out TipRanks’ Stock Analysis page.

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