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Marco Polo Marine
Broker's Calls
RHB remains positive on Marco Polo Marine’s prospects, ups TP to 6 cents
RHB's Alfie Yeo has upped his earnings estimates for FY2023 and FY2024 as he remains upbeat on the company's long-term growth.
April 03, 2023
Results
Marco Polo Marine reports gross profit of $6.6 mil for the 1QFY2023, up by 153.8% y-o-y
During the quarter, gross profit margin (GPM) improved by 6.5 percentage points y-o-y to 28.5%.
February 15, 2023
Offshore & Marine
Marco Polo hitches to wind farms for new growth; eyes more shipbuilding jobs
It’s upwards and onwards for Marco Polo Marine.
February 03, 2023
Offshore & Marine
Marco Polo Marine signs landmark MOU with Korean companies to pursue offshore wind vessel projects in South Korea
The signing of the MOU, which follows its expansion into Taiwan and Japan, marks a milestone entry into another major market.
January 11, 2023
Offshore & Marine
Marco Polo Marine signs landmark MOU with Vestas Taiwan for the maiden deployment of its new CSOV
The new CSOV, which can accommodate up to 110 people, is currently under construction at Marco Polo’s shipyard in Batam, Indonesia
December 15, 2022
Broker's Calls
Broker's Digest: Japan Foods Holding, Yangzijiang Financial, Marco Polo Marine
Here are some stocks to check out this week: Japan Foods Holding, Yangzijiang Financial and Marco Polo Marine.
December 08, 2022
Broker's Calls
UOBKH downgrades Marco Polo Marine to 'hold' with higher TP of 4.8 cents
The analysts note that Marco Polo’s business has stayed resilient amid the uncertain macro environment.
December 07, 2022
Offshore & Marine
Marco Polo Marine eyes Japan next following Taiwan for offshore windfarm supporting businesses
Marco Polo Marine has signed an MOU with a "K" Line subsidiary
December 06, 2022
Results
Marco Polo Marine's FY2022 earnings jump on higher chartering income
We are committed to targeting our collective efforts and resources towards meaningful change in the renewables sector."
November 24, 2022
Company in the news
Marco Polo Marine to build, own, operate commissioning service operation vessel to support offshore wind farm demands
The vessel, which is slated to be completed in the 1Q2024, will be the first CSOV to be designed in Asia.
September 20, 2022