Siem Industries Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended 30 September 2014. For the nine months, the company reported operating revenues of $140,624,000 compared to $129,520,000 a year ago. Total income was $367,948,000 compared to $257,952,000 a year ago. Income before income tax expense was $205,151,000 compared to $118,282,000 a year ago. Net income attributable to holders of common shares was $203,586,000 or $13.45 per basic and diluted share compared to $116,532,000 or $7.64 per basic and diluted share a year ago.


For the quarter, the company reported operating revenues of $49,295,000 compared to $43,420,000 a year ago. Total income was $98,457,000 compared to $108,970,000 a year ago. Income before income tax expense was $29,338,000 compared to $68,443,000 a year ago. Net income attributable to holders of common shares was $29,413,000 or $1.94 per basic and diluted share compared to $68,144,000 or $4.47 per basic and diluted share a year ago.