PT Sillo Maritime Perdana Tbk (SHIP) targets a net profit and revenue of US$26.96 million and US$89.79 million this year, respectively.

The company's  2020 annual report published on Tuesday (29/6) revealed that the planned achievement this year increased by about 12.14% and 13.96%, respectively, from last year's target of US$24.04 million and US$78.79 million.

Meanwhile, the realization of net profit and revenue last year was recorded at US$22.84 million and US$85.71 million, respectively.

The 2021 projection is in line with the oil and gas lifting target from the Ministry of Energy and Mineral Resources this year to reach 1,712 mboepd or higher than last year's realization of 1,682 mboepd.

This opens an opportunity for the company to actively participate in tenders' procurement of offshore supporting vessels, which are expected to increase this year.