Business

Ezion Holdings Q2 net profit up 28.8%

Published: 11:16 PM, August 7, 2013

SINGAPORE – Marine services provider Ezion Holdings said Wednesday its second-quarter net profit rose 28.8 per cent to US$36.2 million, on a surge in revenue.

Revenue jumped 80.9 per cent to US$67.2 million, mainly due to chartering income from the deployment of additional units of service rigs, and higher contribution from the offshore logistic support vessels services from new projects.