Marco Polo profit up 5% at $22.3m
It expects continued growth from offshore oil sector
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GAINS in ship chartering and offshore operations boosted mainboard-listed Marco Polo Marine's fiscal 2013 earnings amid a subdued market environment.
Net profit for the full year ended Sept 30 grew 5 per cent to $22.3 million, or earnings per share of 6.56 cents, from $21.3 million, or earnings per share of 6.26 cents, a year ago.
The latest set of results accounted for the operations of Pelayaran Nasional Bina Buana Raya (BBR), the company's former associated company that became a subsidiary.
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