Marco Polo Marine: 1HFY2021 EBITDA More Than Triples To S$3.9 Million.14 May 2021 11:48
1HFY2021 EBITDA surges 255% YoY to S$3.9m on the back of higher revenue and margin expansion. Strong ship repair operations coupled with construction of two smart fish farm projects, drove revenue 14% higher YoY to S$21m. Ship chartering operations registered a steady performance as average utilisation rates remained stable YoY. Positive signs have emerged recently, indicating the sector downturn may be bottoming-out...
Source: ShareInvestor Express