Atlantic Navigation profit soars 82% YoY in Q1 2025

The group’s revenue also grew to $5.3m.

Atlantic Navigation Holdings Limited’s net profit after tax ballooned by 82% year-on-year (YoY) to $2.3m (US$1.8m) during the first quarter of the year (Q1 2025), according to the company’s unaudited financial report.

The group’s revenue also grew to $5.3m (US$4.1m), a 41.2% YoY increase. It was driven by ship management fees at MLS Division and increased activities at SRM Division.

Earnings per share stood at $0.45 (US$0.35) for the period.

($1=US$0.77)

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