Ezra posts 20% rise in Q4 earnings
Subsea services division the star revenue contributor as annual sales breached US$1b for the first time
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Singapore
SGX-LISTED Ezra Holdings yesterday reported a 20 per cent increase in net profit for the fourth quarter to US$10.04 million compared to the restated US$8.36 million posted a year ago.
The group's revenue for the quarter was up 28 per cent to US$419.2 million year on year due to a strong showing by its deepwater subsea services division, which saw a surge in revenue of US$89.4 million.
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