Malaysian offshore operator and shipbuilder prolongs its profit run but long term it continues to slow down.

Its profit for the third quarter increased to MYR 2.3m ($722,000) from MYR 524,000 for the same stretch of 2010.

But for the first nine months of this year its profit was MYR 16.9m compared with MYR 23.7m on the same 2010 period.

Its profit for successive quarters of this year was on a downward run from MYR 10.1m