Chinese offshore contractor CIMC Raffles reported a strong financial performance in 2024, with net profit more than doubling to 775.51 million yuan ($106.2 million), a 108% increase from the 372. ...

CIMC Raffles' revenue in 2024 increased by 58% year-on-year to RMB 16.556 billion, with a net profit of approximately RMB 224 million, and the gross profit margin increased by 7.8 percentage ...

Chinese yard CIMC Raffles has completed the hull of the P-80 floating production, storage and offloading (FPSO) vessel, according to Chinese media reports. The unit is now en route to Singapore ...