The offshore support vessel owner booked a marginal profit of MYR 0.98m ($0.3m), down from MYR 2.4m during the fourth quarter of 2013.

Quarterly revenue was significantly down at MYR 29.5m versus MYR 74.3m.

Sealink explained a massive 95% drop in shipbuilding revenue was the major reason for its latest performance.

During the fourth quarter, the company’s yards brought in revenue of just MYR 1.9m