Marco Polo Marine is expected to report a further deterioration in its financial performance later this month.
The Singapore-listed company has warned investors to expect a net loss for the first half of the 2016 financial year.
It blamed a combination of lower revenue and foreign exchange losses arising from the depreciation of the US dollar against the Singapore dollar.
Marco Polo Marine said the profit guidance was based on a preliminary review of the draft unaudited consolidated financial results.
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