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Marco Polo Marine
Results
Marco Polo Marine reports lower 2HFY2024 earnings of $10.7 mil, down 42% y-o-y
Total revenue for the 2HFY2024 dropped by 13% y-o-y to $62 million.
6 hours ago
Offshore & Marine
O&M players hitch a ride on offshore wind
The offshore wind industry has largely remained sheltered from global macroeconomic uncertainty as countries continue to pursue 2030 energy targets.
28 days ago
Broker's Calls
Maybank Securities unchanged on Marco Polo Marine, believes group to be deeply undervalued
Maybank's Seet notes that Marco Polo should see NPAT growth in FY2024 and FY2025.
September 17, 2024
Broker's Calls
Marco Polo Marine falls short in 3QFY2024, Maybank keeps ‘buy’ at lowered TP
Maybank's Seet has lowered his target price to 8 cents on Marco Polo Marine as the company's 3QFY2024 results missed the mark.
August 28, 2024
Results
Marco Polo Marine reports higher 3QFY2024 gross profit on higher average charter rates
Gross profit margin saw a 2.6% y-o-y increase to $14.6 million.
August 22, 2024
Offshore & Marine
Marco Polo Marine: Anchoring in diversification
Marco Polo Marine has begun taking on more renewable energy projects, particularly in the offshore wind sector.
August 08, 2024
Offshore & Marine
O&M industry: Floating on unstoppable oil
Offshore and marine companies have rallied with the stability of oil prices, but a clean energy future looks the way forward.
August 07, 2024
Broker's Calls
Brokers' Digest: Marco Polo Marine, APAC Realty, ComfortDelGro, MPACT, First REIT, ThaiBev,
See what the analysts have to say this week.
July 12, 2024
Broker's Calls
Maybank sees ‘golden opportunity’ to accumulate Marco Polo Marine’s shares amid recent share price weakness
At its current share price, Marco Polo Marine is trading at just 7.7 times its FY2024 P/E, which Maybank deems as “undervalued".
July 05, 2024
Results
Marco Polo Marine reports higher 1HFY2024 earnings on higher chartering rates
On the other hand, Marco Polo Marine's shipyard segment posted lower revenue
May 13, 2024