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Liftboat orders help Triyards' earnings

Marine and engineering firm's full-year profit rises 2% to US$27.15m as Q4 earnings climb 59%

Published Tue, Oct 20, 2015 · 09:50 PM

Singapore

OFFSHORE marine and engineering player Triyards Holdings posted a steady full-year net profit of US$27.15 million, backed by a constant order intake for newbuild liftboats despite headwinds from a lower oil price environment.

Net profit rose 2 per cent for the year ended Aug 31, 2015, from US$26.67 million for the preceding year.

Revenue from liftboat construction and contributions from…

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