TheSingapore-listed company posted net income of $8.7m versus the $7.9m achievedin the corresponding period twelve months ago.

Revenuealso posted a healthy year-on-year increase rising by 22% to $339.8m. Howevercosts rose 26% to $289.2m.

EMASAMC, Ezra’s subsea services divisions, was the main revenue contributor as aresult of an increase in project activities.

Thecompany added that the division was boosted by the addition of strategicpipelay installation assets during the fourth quarter of FY2013.

EMASMarine,