ASL Marine's (SGX:A04) net profit surged 176% to SG$25.4 million for the nine months ended March 31, up from SG$9.2 million a year earlier, according to a Thursday filing with the Singapore Exchange.
Revenue edged up 2% year over year to SG$271.1 million from SG$265.8 million, supported by a strong performance in its core ship repair and engineering operations alongside optimized profit margins in its ship chartering segment.