As projected by analysts, it posted a net profit of SGD 10.4m ($8m), up from SGD 5.8m a year ago.
Revenue for the period was SGD 35.9m.
Since the takeover of Scott and English was accounted for as a reverse acquisition, Swissco did not give a comparable revenue figure from last year.
The result came only hours after Swissco secured a charter worth $115m for the provision of a service rig for an unnamed oil company.
It
