Singapore OSV company Vallianz Holdings is ready to expand its fleet after increasing earnings in the second quarter.
Net profit to 30 September was up 74% at $5.29m, compared to $3.04m in 2016.
Revenue dipped 25% to $41.23m, due mainly to the completion of various one-time vessel management projects, offset partially by new deals.
Operating expenses fell faster at 27.6%
