ASL Marine reports 2.5% y-o-y decrease in earnings for 1HFY2025 of $1.45 mil

Mainboard-listed ASL Marine has reported a 2.5% y-o-y decrease in earnings for the 1HFY2025 ended Dec 31, 2024 of $1.45 million.

The group’s revenue for the reporting period came in at $172.2 million, 3.7% y-o-y lower than the corresponding period. ASL Marine says that this is due to lower contribution from shipchartering, shiprepair, conversion and engineering services.