Sealink International has seen red ink in its third quarter bottom line despite an increase in revenue.
The Malaysian offshore vessel owner said net loss for the period was MYR 5.8m ($1.4m) compared to profit of MYR 0.4m a year earlier.
Sealink explained the adverse result came as a result of an impairment charge of MYR 5.86m.
Its revenue was boosted to MYR 46.2m
