The dual-listed company logged a $3.75m profit compared to last year’s $6m.
Quarterly revenue stood at $13.5m, a 10% increase from the corresponding period attributed to a higher charter rate from its accommodation barge Lewek Conqueror.
The fourth quarter’s balance sheet included $1.8m in fees for its secondary listing on the Singapore stock exchange.
As at the end of August, EMAS Offshore’s bank loans were $166.8m,
