The Bursa Malaysia-listed company said net profit was MYR 0.44m ($0.13m) to 31 March, from a loss of MYR 2.68m in the same period of 2013.

Revenue fell to MYR 34.44m from MYR 44.61m over the same period.

The company has this month launched a bid to buy a 20% stake in domestic anchor-handler company Efogen as it seeks to diversify into offshore shipping.