Ezion shares rise 4.8% as it pulls through tough 3Q

SINGAPORE (Nov 10): Shares of Ezion Holdings are up 4.8% at 33 cents, after the offshore logistics and support services provider managed to stay profitable in a tough operating environment.

(See also: Ezion’s 3Q earnings sink 69% to US$9 mil on lower revenue)

Earnings for July-September quarter was US$9.4 million ($13.2 million), though it was 69% lower than the US$30.4 million earnings a year earlier. Revenue fell 7.4% to US$79.8 million from a year ago.

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