“Triple Play’s” three core areas
of focus – capacity expansion,
acquisitions and new revenue
streams helped drive another
record year despite challenging
market conditions.
3
Mencast Holdings Ltd
| Annual Report 2014
“Triple Play” successfully transformed Mencast into the
region’s leading MRO service provider to the Marine and
Oil & Gas industry and helped drive yet another record
year of revenue and profit in FY2014.
Building Mencast into a leading MRO business has
aligned our business with oil output, which has been
significantly more stable than oil price in the past year.
Coupled with our “Triple Play” strategy, our business
weathered the turbulence in the
markets comparatively well in FY2014.
