Marco Polo Marine

Results

Marco Polo Marine reports better 1HFY2022 earnings of $10.8 million, lifted by one-offs

"We are still very much determined to pursue our goals for expansion in the renewable energy sector," says CEO Sean Lee.

Broker's Calls

Marco Polo Marine heads toward a greener path: RHB

RHB Group Research has kept a “buy” rating on Marco Polo Marine (MPM) with the same target price of 4 cents

Offshore & Marine

Marco Polo Marine co-developing first SOV and CSOV designed in Asia

The SOV and CSOV will be constructed with a focus on energy efficiency, in line with environmental sustainability targets.

Deals, joint ventures & alliances

Marco Polo Marine signs MOU to co-develop world's first delivery drones for offshore wind farm sector

The use of drones is said to be able to benefit the environment through the reduction of fuel consumption and CO2 emissions.
Marco Polo Marine sees y-o-y growth in revenue and gross profit in 1QFY2021; 'cautiously optimistic' of prospects  - THE EDGE SINGAPORE

Results

Marco Polo Marine sees y-o-y growth in revenue and gross profit in 1QFY2021; 'cautiously optimistic' of prospects

Integrated marine logistics company Marco Polo Marine has recorded a y-o-y improvement in its 1QFY2022 ended Dec 31 2021.

Offshore & Marine

Marco Polo Marine completes extension of dry dock, eyes higher recurring ship repair revenue

The dock extension will start contributing to Marco Polo Marine's bottom line from 2Q FY2022
Marco Polo Marine acquires PKRO Offshore - THE EDGE SINGAPORE

M&A

Marco Polo Marine acquires PKRO Offshore

Marco Polo Marine deepens footprint in Taiwan with acquisition of PKR Offshore.
Broker's Digest: Grab, Marco Polo Marine, CDL Hospitality Trust, Kimly, CapitaLand Investment - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: Grab, Marco Polo Marine, CDL Hospitality Trust, Kimly, CapitaLand Investment

Check out: Grab, Marco Polo Marine, CDL Hospitality Trust, Kimly, CapitaLand Investment

Offshore & Marine

Marco Polo Marine ventures into green ship recycling

The group has also become the first shipyard in Indonesia to be certified and awarded the ISO 30000:2009 certificate.
SAC Capital initiates coverage on Marco Polo Marine with 'buy' call at 3.2 cent price target - THE EDGE SINGAPORE

Broker's Calls

SAC Capital initiates coverage on Marco Polo Marine with 'buy' call at 3.2 cent price target

The 3.2 cent target is pegged to 8.0x FY2022 EV/EBITDA
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