Revenue for FY2023 also increased 34.9% y-o-y to $182.4 million, due mainly to an increase in the number of stock vessels sold and an increase in chartering activity y-o-y.
Penguin International (SGX:BTM) has reported earnings of $16.7 million for the FY2023 ended Dec 31, 2023, 58.6% higher than its earnings of $10.6 million in FY2022.
For the full-year period, earnings per share stood at 7.6 cents, increasing from 4.79 cents in the previous financial year.

