Strike it rich: Ezion gains 25.5% in profits.

Thanks to the company's service rigs.

Ezion Holdings continues to move from strength to strength as it sees its revenues and net profit rise to $92.6m and $45.5m, respectively.

According to a report by OCBC, the group is seeing increased focus on platform and well related work by oil majors in the Asia Pacific, Middle East and West Africa. As such, Ezion will continue to focus on the investment in service rigs to meet the “strong demand”.

Ezion has also proposed a bonus issue of one bonus share for every five ordinary shares.

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