วัน: 17 มีนาคม 2026

BAD HOMBURG, GERMANY, Mar 17, 2026 - (ACN Newswire via SeaPRwire.com) - Maxon, maker of powerful, approachable software solutions for creators working in 2D and 3D design, motion graphics, visual effects, gaming, and more, today announced the commercial availability of Redshift for Vectorworks. Additionally, the company announced the beta launch of Redshift for Autodesk Revit®. This marks the next major milestone in Maxon's expansion into the Architecture, Engineering & Construction (AEC) market, with additional integrations planned.Engineered for architects and interior designers, Maxon's AEC solution brings the company's industry-proven cinematic rendering technology, Redshift, and the creative depth of Cinema 4D directly into professional archviz workflows. Designed as a native plugin for leading CAD/BIM platforms, Maxon makes its official entry into the market with Redshift for Vectorworks, which launches alongside the release of Vectorworks 2026 Update 4. The solution enables users to seamlessly move from real-time design previews to high-end, photorealistic renders within a unified ecosystem. Redshift for Revit, now in beta, will launch later this year, with even more integrations planned for 2026 and 2027."Maxon's tools have a rich history in media and entertainment, used by the creative teams behind so many popular Hollywood movies to create Oscar-winning visual effects," said Nicolas Burtnyk, Maxon's Executive VP of Rendering. "Now, we're bringing this same magic to architects and interior designers, helping them translate their vision into cinematic visual experiences worthy of big screens."A New Standard for End-to-End Architectural WorkflowsBuilt on Maxon's robust 3D ecosystem, the new AEC solution provides:Archviz in real-time. Architects can visualize designs instantly in real time, then elevate scenes using the same Redshift technology used in feature films - without leaving their CAD environment. Projects can be sent to Cinema 4D with a single click for advanced modeling, animation, simulation, fly-throughs, and rendering.Exceptional ease of adoption. Early user testing highlights a key priority: effortless setup, intuitive controls, and fast results, especially for iterative workflows where architects need to explore lighting, materials, and composition quickly.Intelligent, production-ready asset libraries. Maxon's platform includes a vast library of assets known as "Capsules" - materials, plants, furniture, and environmental elements - updated monthly and supported by procedural tools and AI-assisted search for rapid scene building and creative iteration. As the Archviz solution evolves, so will its library.Full Mac and Windows parity. Whether teams work on Mac, Windows, or a mix of both, Maxon's AEC solution delivers consistent performance and functionality across platforms. Architects can collaborate fluidly, share files with confidence, and maintain unified workflows throughout their design-to-visualization process.Better value for architects and studios. Compared with market alternatives, Maxon's first-wave AEC offering launches at a significantly more affordable price, while offering compatibility with broader DCC pipelines, including Maya and Houdini.See Redshift for Archviz at Upcoming AEC EventsMaxon will be showcasing the capabilities of Redshift for architectural visualization and interior design applications in live demonstrations at the following events in 2026:DigitalBAU, March 24-26, Cologne, GermanyAIA26 Conference on Architecture & Design, June 10-13, San Diego, CARedshift for Vectorworks AvailabilityRedshift for Vectorworks is now available for purchase through either Maxon or Vectorworks (initial language support for English, with additional international versions rolling out through summer 2026). When bundled with Vectorworks, users can benefit from significant discounts on Redshift, making it the most affordable renderer in its category.Sign Up for Redshift BetaRedshift for Revit is now open for beta; Redshift for Graphisoft Archicad beta will be released later in 2026. To sign up, visit Maxon Archviz.Schedule a Press Briefing and DemoTo schedule a press briefing and demo of Redshift for Archviz, contact megan@grithaus.agency.Download the Redshift for Archviz press kit here.About MaxonMaxon makes powerful, yet approachable software solutions for content creators working in 2D and 3D design, motion graphics, visual effects and visualization. Product lines include the award-winning Cinema 4D suite of 3D modeling, simulation and animation technology; the diverse Red Giant lineup of revolutionary editing, motion design and filmmaking tools; the leading-edge, blazingly fast Redshift renderer; and ZBrush, the industry-standard digital sculpting and painting solution available on desktop and on the iPad.Press ContactKristin CandersGrithaus Agency(e)kristin@grithaus.agencySOURCE: Maxon Computers Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

MBJ Integrated Infrastructure achieves 80% construction milestone, on track for completion in June/July 2026.Truck hauling trials commencing in April 2026, supported by Coal Hauling Trial Services Agreement signed with two third-party service providers.The Group secured two binding term sheets with third-party customers for an aggregate 9 million tonnes per annum of haulage volume, poised to generate a new recurring, toll-based revenue stream that is expected to be accretive to the Group’s revenue performance.At full capacity of around 50 million tonnes of haulage per annum, MBJ should be able to generate up to an additional US$300 million in EBITDA annually for the Group within a few years’ time. Geo Energy is well positioned to capture this new and robust recurring toll-based revenue stream and thereby enhancing long-term earnings resilience.The Group has set a target coal production of 11.5 - 12.5 million tonnes for 2026, subject to the final RKAB approvals from Ministry of Energy and Mineral Resources (“MoEMR”).ICI4 coal prices have surged by US$13.60 per tonne from 4Q2025 average of US$46.37 per tonne to US$59.97 per tonne as of 13 March 2026, amid geopolitical tensions, strengthening market conditions for regional producers, including Geo Energy.Assuming coal production of 11.5 – 12.5 million tonnes at current coal prices, the Group would be able to generate between US$170 – US$200 million in EBITDA from its coal sales in 2026 alone (excluding MBJ infrastructure and marine logistics segments).SINGAPORE, Mar 17, 2026 - (ACN Newswire via SeaPRwire.com) - Geo Energy Resources Limited (“Geo Energy”, the “Company” and together with its subsidiaries, the “Group”) wishes to announce various key corporate updates related to its business activities.MBJ Integrated Infrastructure hits 80% completion; positioned for operational readiness by early 3Q2026The Group’s Integrated Infrastructure project under PT Marga Bara Jaya (“MBJ”), comprising a 92km hauling road and jetty in South Sumatera, has achieved the 80% construction milestone and is on track for completion in June/July 2026.To ensure seamless commissioning of the hauling road, MBJ will commence truck trial tests in early April 2026, conducted on completed road sections to validate operational readiness. Trial parameters will include gradient, load, braking, fuel efficiency and safety on completed sections of MBJ road.To support the truck trials, the Group has signed two Coal Hauling Trial Services Agreement with PT Citra Andalan Mobilindo Cemerlang (“Shacman”) and China North Vehicle Corporation Limited (“CCCC-Norinco”) in January 2026.Construction of MBJ Jetty well underway and nearing completionCompleted section of the MBJ hauling roadThese partnerships mark a key preparatory step toward full commercial operations. At full operational capacity of around 50 million tonnes of haulage per annum, the MBJ Integrated Infrastructure is targeted to generate up to an additional US$300 million in EBITDA per annum for the Group within a few years’ time, reflecting its scale, cost efficiency and commercial potential.Two binding term sheets secured for 9 million tonnes annual haulageIn parallel with commissioning activities of the Integrated Infrastructure, the Group has secured two binding term sheets with third-party coal producers for an aggregate haulage volume of approximately 9 million tonnes per annum.This represents the Group’s first major step in building new, recurring toll-based revenue streams, positioning MBJ as unrivaled key regional logistics corridor. Further commercial discussions with additional counterparties are ongoing.Together with the 25 million tonnes annual haulage allocated for the Group’s TRA coal mine, the Group has secured up to 34 million tonnes annual throughput for the MBJ Integrated Infrastructure.Coal prices strengthen as global tensions drive energy market rallyGlobal coal prices have surged in recent weeks as geopolitical tensions and gas market disruptions underscores coal’s continued role in supporting grid stability and energy security across Asia.The Group's coal assets, noted for low ash and low sulphur, continue to be in demand among regional power and steel sectors for their "eco‑coal" properties.The ICI4 coal price as of 13 March 2026 was US$59.97 per tonne, representing a 29.3% increase over 4Q2025 average of US$46.37 per tonne. Meanwhile, McCloskey reported trades of US$61-64 per tonne for March and April cargoes relating to 4200GAR coal.Targeted production volume of 11.5 - 12.5 million tonnes in 2026In 2025, the Group achieved record coal production of 12.5 million tonnes, exceeding its target coal production of 10.5-11.5 million tonnes, highlighting the execution capabilities of the Group.Subject to final RKAB approvals, the Group has set a target coal production of 11.5 – 12.5 million tonnes for 2026. Assuming coal production of 115. – 12.5 million tonnes at current coal prices, the Group would be able to generate between US$170 – US$200 million in EBITDA from its coal sales alone (excluding contributions from MBJ infrastructure and marine logistics segments)Commenting on these recent corporate developments, Mr Charles Antonny Melati, Executive Chairman & Chief Executive Officer of Geo Energy, said:“Achieving the 80% completion milestone on the MBJ Integrated Infrastructure underscores our disciplined execution and moves us closer to unlocking the full value of our energy platform. At full capacity, MBJ alone is able to generate up to US$300 million in EBITDA per year for the Group.The binding term sheets with third parties for an aggregate haulage volume of 9 million tonnes per annum and the trial agreements with CCCC-Norinco and Shacman demonstrate the strong commercial interest in the Integrated Infrastructure and our readiness for operations.The recent uplift in coal prices further strengthens the Group’s earnings outlook as we progress toward our long-term growth vision of becoming a billion-dollar business and beyond.”Issued on behalf of Geo Energy Resources Limited by 8PR Asia Pte Ltd.Media & Investor Contacts:Mr. Alex TANMobile: +65 9451 5252Email: alex.tan@8prasia.com  Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

NICOSIA, CYPRUS, Mar 17, 2026 - (ACN Newswire via SeaPRwire.com) - FinHarbor recently announced a major update to its modular fintech infrastructure platform, expanding its crypto-fiat functionality and introducing a deeper orchestration layer across all modules. The updated platform bundles IBAN accounts, card issuing, payments and crypto-fiat exchange into a single stack, reducing typical launch timelines from more than a year to roughly one month. The company positions the platform as a ready-to-deploy foundation for fintech startups, embedded finance teams and licensed institutions that want to bring a financial product to market without building the entire stack internally.The problem it addressesLaunching a neobank from scratch is still a long and expensive process. Most teams need 15–20 engineers, more than a year of development, and roughly €1.5–2 million before the first customer can even open an account.FinHarbor's approach is to remove much of that upfront work. The platform comes with core components already integrated: pre-built connectors to banking partners for IBAN and account infrastructure, card processing, payment rails, and crypto wallets. In practice, this means companies can start with a working financial product instead of assembling and connecting multiple vendors themselves.What changed in the new releaseThe main change in the latest version is the introduction of a unified orchestration layer. Earlier versions of the platform offered modular components that could be connected together. The updated release adds a shared data model, a single audit log and compliance logic that operates across all modules.Clients now integrate through one API and operate under a single contract, while still keeping the option to replace individual components if needed.On the crypto side the platform has added extended custody capabilities for clients with specific blockchain integration requirements, broadening the range of supported networks and asset types. The compliance and AML tooling has also been updated, making it easier to configure the system to match each client's internal policies and risk frameworks across different jurisdictions.A recent deployment in four weeksOne EU-licensed fintech company recently used the updated platform to launch a full neobank in 28 days, including IBAN accounts, card issuance and crypto-fiat exchange.The first week focused on core infrastructure: setting up the environment, integrating identity verification through SumSub, and connecting to the banking partner's IBAN account infrastructure.During the second week the team activated card issuing and configured the platform's connections to SEPA, SWIFT, and international payment rails provided by the licensed banking partner.The third week introduced the crypto layer – custodial wallets, exchange logic and fiat ramps.The final week was dedicated to integration testing, white-label interface customisation and the production launch.According to the company, the only noticeable delays were related to compliance approvals with the partner bank – a regulatory step rather than a technical limitation.Industry perspective"The new release is based on a simple idea: orchestration matters more than integration," – said Ilya Podoynitsyn, CEO of FinHarbor."Connecting APIs from several vendors isn't the difficult part. The real challenge is making those components behave like a single product – with unified compliance rules, a shared audit trail and enough flexibility to avoid vendor lock-in. That's the engineering problem we focused on solving."Compliance and target usersThe platform includes built-in AML transaction monitoring, sanctions screening and configurable verification tiers. Suspicious activity reports can be generated in formats accepted by regulators, and every system action is recorded in a unified audit log accessible through the admin panel or API.Companies can operate under their own EMI, PI or VASP licence, or work through a licensed banking partner. The platform is designed to support both models and is aligned with regulatory frameworks such as MiCA and DORA.FinHarbor says the platform is primarily aimed at three types of clients: fintech startups launching an MVP, companies adding embedded financial services to an existing product, and regulated institutions – including banks or government organisations – that need on-premise infrastructure.It is best suited for companies looking to launch and iterate quickly on a proven infrastructure, rather than building every component from scratch.About FinHarborFinHarbor is a technical platform provider for launching compliant, modular financial products – from wallets and neobanks to crypto ramps and OTC desks. Built on years of real-world fintech experience, the platform covers onboarding, compliance, wallets, transactions, cards, and reporting, delivered with a microservice-based architecture (ISO/PCI DSS-certified), a robust API layer, and on-premise or cloud-ready deployment. FinHarbor supports fiat-only, crypto-native, and hybrid business models across markets in Europe, MENA, and beyond.Learn more: www.finharbor.comSocial LinksLinkedIn: https://www.linkedin.com/company/finharbor/Blog: https://www.finharbor.com/blog Media contactBrand: FinHarborContact: Media teamWebsite: https://www.finharbor.com/ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - March 17, 2026) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces that it has been included in the MVIS Global Junior Gold Miners Index ("MVGDXJ"), the underlying benchmark for the VanEck Junior Gold Miners ETF ("GDXJ"). Separately, the Company reports the commencement of diamond drilling at Antino North on its Antino Gold Project ("Antino" or "Project") in southeastern Suriname, with a second rig now being mobilized to the area (Figure 1).HighlightsGDXJ Index Inclusion: Founders Metals added to the MVIS Global Junior Gold Miners Index in the Q1 2026 quarterly review, triggering passive buying from index-tracking ETFsMaiden Drilling at Antino North: First diamond drill rig now turning where field work has delineated ten parallel gold-bearing structures across a 4 km areaSecond Rig Mobilizing: A second diamond drill rig is being mobilized to test the multi-km historical auger gold anomaly in the east of Antino NorthSurface Results: Previously reported channel sampling at Antino North returned 20.0 m of 2.07 g/t Au including 7.0 m of 5.05 g/t AuAuger Sampling Progress: Founders has collected over 4000 auger samples to date in 2026Colin Padget, President & CEO, commented, "Our inclusion in the GDXJ index is a meaningful milestone for Founders and reflects the market's growing recognition of what we are building in the Guiana Shield and brings new passive and institutional capital into the stock.""On the ground, we are equally excited to be now drilling at Antino North. The shear zones we've mapped in the northwest offer numerous compelling first drill targets where this year's surface work has returned high-grade grab and channel results in geology similar to Upper Antino. With the scale of the new Antino North targets, we are also mobilizing a second rig that will initially test the large historical auger anomaly in the east. We see Antino North as having the potential to become a second centre of gravity within our expanding gold camp."About Founders Metals Inc.Founders Metals Inc. is a Canadian gold exploration company building a district-scale gold camp in southeastern Suriname. The Company controls a 102,360-hectare contiguous land package in the Guiana Shield - the largest uninterrupted package of highly prospective greenstone belt geology in the region. Founders is backed by strategic partnerships with Gold Fields and B2Gold and is executing one of the most active exploration programs in the global junior gold sector. The Company is committed to responsible exploration, strong community engagement, and disciplined capital allocation as it advances Suriname's next major gold camp.ON BEHALF OF THE BOARD OF DIRECTORS,Per: "Colin Padget"Colin PadgetPresident, Chief Executive Officer, and DirectorContact InformationKatie MacKenzie, Vice President, Corporate DevelopmentTel: +1 306 537 8903 | katiem@fdrmetals.comCautionary Statement Regarding Forward-Looking InformationThis press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, including statements regarding long term value creation and the Company's prospects. Forward-looking information can generally be identified by words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", or variations indicating that certain actions, events or results "may", "could", "would", "might" or "will" occur or be achieved.Forward-looking statements are based on management's current expectations and reasonable assumptions but are subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results to differ materially from those expressed or implied, including: general business and economic uncertainties; exploration results; mining industry risks; and other factors described in the Company's most recent annual management discussion and analysis. Although the Company has attempted to identify important factors that could cause actual results to differ materially, other factors may cause results not to be as anticipated. There can be no assurance that forward-looking information will prove accurate, as actual results and future events could differ materially from those anticipated. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.All material information on Founders Metals can be found at www.sedarplus.ca.Quality Assurance and ControlSamples were analyzed at FILAB Suriname, a Bureau Veritas Certified Laboratory in Paramaribo, Suriname (a commercial certified laboratory under ISO 9001:2015). Samples are crushed to 75% passing 2.35 mm screen, riffle split (700 g) and pulverized to 85% passing 88 µm. Samples were analyzed using a 50 g fire assay (50 g aliquot) with an Atomic Absorption (AA) finish. For samples that return assay values over 5.0 grams per tonne (g/t), another cut was taken from the original pulp and fire assayed with a gravimetric finish. Founders Metals inserts blanks and certified reference standards in the sample sequence for quality control. External QA-QC checks are performed at ALS Global Laboratories (Geochemistry Division) in Lima, Peru (an ISO/IEC 17025:2017 accredited facility). A secure chain of custody is maintained in transporting and storing of all samples. Drill intervals with visible gold are assayed using metallic screening. Rock chip samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on the project.Qualified PersonsThe technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc., P.Geol., P.Geo., an independent qualified person as defined by National Instrument 43-101.Figure 1: Antino plan map showing progress of 2026 auger geochemical survey To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7574/288812_b62e33bd746b88f9_001full.jpgTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/288812 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Mar 17, 2026 - (ACN Newswire via SeaPRwire.com) – The real estate sector that is largely relationship-driven, asset-heavy in nature has traditionally been among the last industries to embrace advanced technological transformation.  However, as data becomes central to decision-making, digital transformation is rapidly redefining how real estate organisations operate. The Executive Centre (TEC) announces a pioneering leap forward, unveiling a comprehensive digital transformation strategy powered by Artificial Intelligence and advanced data analytics, poised to dramatically reshape how commercial real estate operates and delivers value.The Executive Centre is advancing a structured digital transformation strategy anchored on three pillars: enterprise AI integration, advanced data intelligence, and scalable automation architecture purpose-built for the real estate sector.At the forefront of this evolution is ECHO, TEC’s first internal AI agent, embedded within Microsoft Teams to support its global workforce. ECHO connects employees to a secure generative AI layer, enabling immediate access to institutional knowledge, operational playbooks, and market insights. By reducing information retrieval time and standardising best practices across markets, ECHO enhances productivity, shortens decision cycles, and improves execution consistency across Centres.Beyond ECHO, TEC has deployed a network of AI agents across customer service, marketing, digital engagement, and operational workflows. Built on a modular, API-driven automation framework, this ecosystem enables seamless orchestration across internal systems, CRM platforms, and performance data environments. AI agents support real-time enquiry routing, lead qualification, campaign optimisation, multilingual content localisation, reporting automation, and data enrichment, ensuring faster turnaround times and greater precision in execution.In parallel, TEC is strengthening its advanced data mining, scraping, and analytics capabilities to create a scalable digital backbone for real estate operations. By consolidating market signals, behavioural insights, and search intelligence, TEC can deliver hyper-personalised client solutions, forecast demand across cities, optimise space utilisation, and refine expansion strategies. Data is translated into actionable intelligence that directly enhances commercial performance and client experience.Paul Salnikoff, Managing Director and Chief Executive Officer at TEC, commented, “The future of real estate will be defined by how effectively we mine, analyse and interpret data. For an industry that has traditionally relied on relationships and experience, technology is now becoming a critical differentiator. AI is not about replacing human judgement, but about strengthening it with speed, accuracy and intelligence. Gen-AI will reshape how real estate decisions are made, from operations to long-term strategy.  We are proud to be pioneering this integration, crafting a future-forward platform that will not only redefine our operations but also elevate our client experiences and provide us with a strategic edge in a rapidly evolving market. ”Together, these initiatives position The Executive Centre at the forefront of technology-enabled real estate, where AI augments human expertise, drives measurable productivity gains, and serves as a strategic force multiplier across global markets. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

SINGAPORE, Mar 17, 2026 - (ACN Newswire via SeaPRwire.com) - Wintermar’s Operating Profit for FY2025 jumped by 31% YOY to US$23.3, reflecting margin expansion through a better fleet mix. Core Profit increased by 19.2% YOY to US$18.Owned Vessel DivisionOwned vessel revenue rose by 13.8% YOY to US$70.7 million as gross margins for Owned Vessels widened to 41.7% for FY2025 compared to 36.1% in FY2024 despite softer charter rates and lower offshore activity in 2025. Utillization in 2025 was lower than 2024 arising from geopolitical concerns and the early stage of most drilling projects which are shorter term in nature. However, this was compensated by higher revenue from having more Dynamic Positioning (DP) equipped vessels. The Company operated a larger number of units of higher value vessels in FY2025.                Chartering Division and Other ServicesGross Profit from the Chartering Division continued to decline with a drop in contribution to US$0.5 million in FY2025 compared to US$1.4 million in FY2024. Some of the declines resulted from a strategic decision to move the Company towards a management fee based ship management business model for better scalability, where the Company now receives fees for various services which are recorded in the Other Services Division. Contribution from Other Services Division has increased by 9.3% YOY by US$0.2 million to US$2.8 million in FY2025.Direct Expenses and Gross Profit                  With a larger number of DP vessels in operation and more overseas contracts, total crewing costs rose by 10.5%YOY to US$11.4 million for FY2025. Depreciation rose accordingly by 10.4% YOY to US$14.8 million for FY2025 from the full year impact of the additions to the fleet in 2024. One PSV completed reactivation and became operational in 4Q2025. Operation expenses were slightly higher (+2.2%YOY) at US$5.2 million while maintenance costs fell by 2.9% YOY to US$7.3 million. Fuel bunker was significantly lower (-26%YOY) as idle vessels were berthed in Batam on shore power.By December 2025, there were 7 units of PSVs in operation, as compared to 5 units of operational PSVs at end 2024.  The Company purchased an additional PSV in late 2025 and she is being delivered to Indonesia and expected to be operational by 2H2026.Total Gross Profit rose by 24.1%YOY to US$32.7 million.Indirect Expenses and Operating ProfitTotal Indirect Expenses rose by 10%YOY to US$9.4 million for FY2025. The largest increase in indirect expenses came from salary cost, in line with a building out of key technical and operations positions to prepare for scaling up the fleet. Salary expenses rose by 11.9% YOY to US$6.5 million for FY2025, as employee strength increased to 252 from 244. Marketing expenses rose by 17.2% YOY due to fees and commissions as well as bid bond expenses to participate in tenders. Investments in new subsidiaries added 12.6%YOY to office utility costs which amounted to US$0.6 million.As a result, Operating Profit for FY2025 jumped by 31%YOY to US$23.3 million in FY2025 compared to US$17.8 million in FY2024.Other Income, Expenses and Core Net ProfitCash flow from operations have increased due to better revenues and receivables collections, and the Company has also taken on more debt to refinance vessels. As a result, interest expenses rose by 83.5% YOY to US$2.1 million, while interest income doubled to US$1.0 million. The Company is still in a strong financial position with net cash. Associated companies contributed US$4.1 million (+71.5%YOY) from better business conditions.The sale of 2 older mid-tier vessels recorded a gain of US$3.5 million in total. This is much lower than the gain on sale of vessels in the previous year of US$16.1 million as there was a windfall profit in FY2024 from the sale of an older PSV. Total other income was US$7.4 million for FY2025 compared to US$19 million in FY2024.EBITDA for FY2025 increased by 21.8% YOY to US$38.4 milllion, reflecting a significant improvement in operations and cash generation ability of the Company.Stripping out gains on vessel sale, the underlying Core Net Profit attributable to shareholders was US$18.0 million, a jump of 19.2%YOY as compared to US$15.1 million in FY2024.The performance of the Company has contributed to EPS of Rp75.80 for FY2025 against Rp78.35 in FY2024.Industry OutlookThe heightened geopolitical risks in 2025 saw governments around the world prioritizing energy security over long term climate goals. The speed of adoption of Aritficial Inteligence (AI) in every field also accelerated the expansion of data centers, contributing significantly to the increasing demand for power. By late 2025, the International Energy Agency (IEA) revised up electricity demand growth to 3.7% in 2026, well in excess of average growth of 2.6%p.a. between 2015 to 2023.As a result of these changes, there has been an upward revision in total investment into oil and gas exploration in 2025 compared to 2024, in particular in deepwater drilling. This confirms our positive outlook for strong demand in OSV for the coming few years, particularly in DP equipped OSVs.In early 2026, the attacks on Iran and ensuing retaliation has disrupted oil and gas supplies coming from the Middle East, causing oil prices to spike. Should the Iran war escalate for a longer period, it is likely to trigger even more investment into exploration of new oil and gas reserves as energy nationalism becomes the new normal.Business ProspectsThe Company’s investment in additional fleet has improved the fleet composition and raised revenues and margins in the past year. Indonesia alone has 4 deepwater drilling projects which have been identified as strategic projects by the government and slated to start production between 2027 to 2030.  There will be longer term contracts awarded for these projects in the coming year as projects start to ramp up towards the second half of 2026.With stronger cash flow expected in 2026, management is looking to expand the dynamic positioning fleet, and cash will be deployed to fleet expansion, whether through direct purchases of vessels or corporate acquisitions. In 2025, total capex was US$41.7 million, while in FY2026, the Company is budgeting more than double that amount in anticipation of increased OSV demand. This will be funded by internal cash flow and bank loans.     Total contracts on hand as at end December 2025 amount to US$59.1 million.About Wintermar Offshore Marine GroupWintermar Offshore Marine Group (WINS.JK), developed over nearly 50 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, and sails a fleet of more than 48 Offshore Support Vessels ready for long term as well as spot charters. All vessels are operated by experienced Indonesian crew, tracked by satellite systems and monitored in real-time by shore-based Vessel Teams.Wintermar is the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd's Register Quality Assurance, and is currently certified with ISO 9001:2015 (Quality), ISO14001:2015 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit www.wintermar.com.For further information, please contact:Ms. Pek Swan Layanto, CFAInvestor RelationsPT Wintermar Offshore Marine TbkTel (62-21) 530 5201 Ext 401Email: investor_relations@wintermar.comDISCLAIMERCertain statements made in this publication involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. Certain statements relating to business and operations of PT Wintermar Offshore Marine Tbk and Subsidiaries (the Company) are based on management’s expectations, estimates and projections. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Certain statements are based upon assumptions as to future events that may not prove to be accurate. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such statements. The Company makes no commitment, and disclaims any duty, to update or revise any of these statements. This publication is for informational purposes only and is not intended as a solicitation or offering of securities in any jurisdiction. The information contained in this publication is not intended to qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to the Company and should not be relied upon for the purpose of making investment decisions concerning any securities of the Company. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com