For the 2HFY2022, earnings surged over five times to US$4.3 million from US$826,000 in the 2HFY2021 for the same reasons.
Atlantic Navigation Holdings (SGX:5UL) , an integrated offshore marine logistics group, has reversed to profitability from its losses in the year before.
For the FY2022, earnings stood at US$11.2 million ($15.1 million), up from the US$13.2 million loss in the year before as revenue and gross profit rose on a y-o-y basis.

