For the 3QFY2023 period, revenue was $27.8 million and net profit after tax was $2.1 million, as a result of accelerated boat-building activities.
Manufacturer and seller of yachts Grand Banks Yachts (GBY) (SGX:G50
) recently reported a positive set of earnings in its latest 9MFY2023 and 3QFY2023 ended March 31. Earnings for the nine month period came in at $5.7 million, up $0.1 million a year ago, representing its highest earnings in over a decade and even surpassing pre-Covid-19 levels.
Revenue for 9MFY2023 was 42.1% higher y-o-y at $78.0 million.
