Vallianz posts 26.2% boost in Q3 on higher operating profits

Singapore

HIGHER operating profits helped boost third-quarter earnings at Vallianz Holdings by 26.2 per cent.

The offshore support vessel (OSV) owner and operator on Monday posted a net profit of US$5.9 million for the three months ended Dec 31, up on US$4.7 million in the same period a year earlier.