Marco Polo Marine (MPM) has reported a profit for the fourth quarter on the back of improved performances at its chartering and shipbuilding operations.
The Singapore-listed company booked net income of SGD 2.4m ($1.75m) versus a loss of SGD 548,000 12 months earlier.
However, the profitable fourth quarter was insufficient to turn things around for the full-year which saw it post a loss of SGD 3.8m.
