ASL Marine narrowed its fourth-quarter loss on higher gross profit and other operating income.

ASL Marine narrowed its fourth quarter loss on higher gross profit and other operating income.

MARINE firm ASL Marine Holdings is expecting to report a net loss for the third quarter and nine months of the 2018 financial year.

SHIPBUILDER ASL Marine swung to a S$6.4 million loss in its second quarter ended Dec 31, weighed down by lower margins, and lower value of shipbuilding work available.

STOCKS to look out for on Tuesday morning trading include Cityneon, Hi-P International, Vallianz Holdings, ASL Marine and Genting Singapore.

MAINBOARD-LISTED ASL Marine Holdings Ltd announced on Monday that it is expected to record a net loss for the first quarter of the 2018 fiscal year.