Icon Offshore net profit up 34-fold in Q3


PETALING JAYA: Icon Offshore Bhd’s net profit surged by almost 34 times in the third quarter ended Sept 30, driven by the drilling segment which commenced operations in April 2021 and a higher revenue from the offshore support vessel segment.

In a filing with the stock exchange yesterday, Icon said it recorded a net profit of RM14.37mil in the latest third quarter compared with RM426,000 in the corresponding third quarter.

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