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Marco Polo Marine reports lower revenue of $31.7 mil for 3QFY2025 down 9% y-o-y

Nicole Lim
Nicole Lim • 2 min read
Marco Polo Marine reports lower revenue of $31.7 mil for 3QFY2025 down 9% y-o-y
The decline in revenue is driven by lower revenue from shipyard operations and rechartering income from third-party vessels in Taiwan. Photo: Marco Polo Marine
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Marco Polo Marine has reported a revenue of $31.7 million for the 3QFY2025 ended June 30, down 9% y-o-y. For the 9MFY2025, revenue declined 13% y-o-y to $84.4 million.

The group says that this decline in revenue is driven by lower revenue from shipyard operations and rechartering income from third-party vessels in Taiwan.

Gross profit for 3QYFY2025 came in 4% y-o-y lower at $14 million, and 3% y-o-y lower for 9MFY2025 to $35.6 million.

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