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Triyards Holdings revenue rises by 15% to $70m

byCT Report
07/04/2016
in Uncategorized
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SINGAPORE: Triyards Holdings, the offshore vessel fabrication and engineering solutions unit of Ezra, has posted a net profit of US$5.28 million for its fiscal second quarter, up 4 per cent from the same period a year ago.

Revenue in the three months ended Feb 29 was up 15 per cent to US$70.49 million, thanks to work done on four units of self-elevating platforms, two units of multi-purpose support vessels, three units of chemical tankers, the construction of aluminium crew boats and wind farm vessels, Triyards said in a filing on Thursday.

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Earnings per share stood at 3.53 US cents for the six months ended Feb 29, down from 4.16 US cents in the same period a year ago.

 

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