Marco Polo Marine’s net profit slips by 7.4% YoY in 2024

The company attributed this to a 2.8% YoY decline in revenue.

Marco Polo Marine’s net profit declined by 7.4% year-on-year (YoY) to $23.9m during the financial year 2024 (FY2024).

The company attributed this to a 2.8% YoY decline in revenue to $123.5m during the period.

Revenue from its shipyard segment declined the most by 15.7% to $51.6m in FY2024, due to lower ship repair volume recognised because of the group’s ongoing Commissioning Service Operation Vessel construction.

The company’s declared final dividend stood at $0.1 per share, backed by net cash position.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia