The Malaysian feeder operator reported a pre-tax profit of MYR 2.9m ($916,000) versus a loss a year ago of MYR 9.55m.

During the fourth quarter the listed company achieved revenue of MYR 43.8m, an 8.3% decline on the MYR 47.8m seen in late 2013.

Revenue from its liner business eased 6% to MYR 42m and by 38% to MYR 3m at its non-vessel operating carrier arm due to lower container volumes.

PDZ