Indonesia’s Bina Buana Raya (BBR) has seenprofit shrink in the first quarter as revenue fell.

The offshore vessel owner said net earningsto 31 March were $204,955, down from $2.29m a year ago.

Revenue was $7.97m, compared to $8.96m in2013.

Operating profit declined to $971,471,compared to $3.43m a year ago.