Bumi Armada’s financial performance continues to show a substantial improvement on a year ago, figures released Thursday show.

It has reported a second consecutive quarterly profit for 2017 with net income of MYR 123.7m ($30m) versus a year ago loss of MYR 96.7m.

The Malaysian FPSO specialist was buoyed by a near 70% year-on-year increase in revenue to MYR 641.4m