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The latest update is out from Marco Polo Marine Ltd. ( (SG:5LY) ).
Marco Polo Marine Ltd. reported stable earnings for the first half of FY2025, with a net asset value increase to S$210 million. Despite a 14.4% decline in revenue, primarily due to reduced shipyard operations, the company achieved a strategic milestone with the successful maiden charter of its CSOV in April. The company’s gross profit margin improved to 41.3%, driven by higher margins in ship chartering, indicating resilience amidst financial challenges.
More about Marco Polo Marine Ltd.
Marco Polo Marine Ltd. is a regional integrated marine logistics company based in Singapore. It specializes in ship chartering and shipyard operations, serving the maritime industry with a focus on enhancing operational efficiency and profitability.
Average Trading Volume: 12,910,364
Technical Sentiment Signal: Sell
Current Market Cap: S$153.7M
For an in-depth examination of 5LY stock, go to TipRanks’ Stock Analysis page.