Marco Polo Marine
Marco Polo Marine closes 16.7% higher on profit jump, bright outlook; over 100 million shares change hands
For its second half, profit jumps 348% to S$47.9 million, from S$10.7 million previously
Marco Polo Marine H2 profit jumps over 4 times to S$47.9 million on impairment reversals
This is attributed to a combination of stronger underlying performance and several extraordinary gains
Marco Polo Marine expects ‘significantly higher’ FY2025 net profit
This is mainly due to impairment loss reversals on certain vessels and the disposal of its stake in Marco Polo Offshore
Marco Polo Marine unit clinches NT$4.7 billion project for research vessel in largest contract win
The project marks the company’s strategic expansion into high-value, specialised vessel construction
Marco Polo Marine shares retreat after short-lived rally on S$100 million order book wins
The counter ends the day at S$0.075, after increasing by as much as 6.7% in a flurry of buys on Thursday morning
Marco Polo Marine subsidiary PKR Offshore aims for Taiwan listing in 2026
The move will fund PKR Offshore’s fleet expansion to serve offshore wind energy markets
Marco Polo Marine Q3 gross profit slips 4% to S$14 million
Company completes fourth dry dock amid anticipated demand growth in the industry
Marco Polo Marine posts 3.4% decline in H1 profit to S$10.6 million
Revenue dips 14.4% year on year to S$52.7 million from S$61.6 million
Marco Polo Marine bets on renewables for future growth
The company’s revenue mix will rely on oil and gas for now
Marco Polo Marine responds to Sias on why it raised wages, bonuses despite revenue drop
It says the rise is in line with expansion plans, and that it was based on FY2023’s performance
