Marco Polo Marine expects higher FY2025 net profit after tax
One-off gains from vessel impairment reversal and joint venture disposal boost its earnings.
Marco Polo Marine Ltd expects to report a higher net profit after tax (NPAT) for the financial year ended 30 September 2025, following a preliminary review of its unaudited consolidated financial results.
The anticipated earnings increase is primarily attributable to extraordinary gains outside of normal business operations, according to a press release. These gains resulted from the reversal of impairment losses on certain vessels and the disposal of the Group’s shareholding interest in its joint venture, Marco Polo Offshore (IV) Pte Ltd.
The focus on these non-operational events highlights the significant contribution of corporate actions to the bottom line. The company is currently finalising its FY2025 financial results.
Further details regarding the company's performance and financial position will be announced when the unaudited results for FY2025 are released on or before 29 November 2025.