Corporate digest

Ezion Holdings

SHARES of service rig owner Ezion Holdings fell four cents to S$0.725 on Friday after the group posted a 36.3 per cent plunge in net profit to US$28.96 million for the second quarter ended June 30. Revenue fell 2.8 per cent to US$90.05 million while cost of sales and servicing rose 29.6 per cent to US$58.66 million. Earnings per share stood at 1.83 US cents, down from 2.98 US cents.

Otto Marine