The RobertKuok-controlled tanker and bulker owner said net profit to 30 September was MYR8.11m ($2.51m), against MYR 17.03m in 2012.

Revenue dipped to MYR 62.82m from MYR 64.45m.

Nine-month earnings dropped to MYR 30.32m from MYR 48.52m in 2012.

The drybulk division reported a loss before tax of MYR 19.3m over the first threequarters, compared to a profit of MYR 10.1m the year before.

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