Seacor Holdings reported a loss for the fourth quarter despite logging twice the cash earnings from the same period last year.

The Charles Fabrikant-led diversified company registered a $1.9m deficit for the last three months of 2019 versus a $4.7m profit at the same stage in 2018.

The prior-year quarter benefited from $5.5m, or $0.30 per diluted share of net income related to the accelerated amortisation of non-cash deferred gains, Seacor Holdings said.