Malaysia’s EA Technique (EAT) has posted stronger profit in the third quarter as it announced two new vessel contracts.

The tanker, FSO and yard group said net earnings to 30 September were MYR 5.5m ($1.29m), up from MYR 4.78m in 2014.

Revenue jumped to MYR 119m against MYR 37.82m a year ago, partly due to a new floating storage unit delivered to an oil field in July.

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