Marco Polo Marine Ltd announced that it expects to report a significantly higher net profit after tax for the year ended Sep, 30 2025, compared with the previous fiscal year.
The company said the anticipated boost is mainly due to extraordinary gains from the reversal of impairment losses on certain vessels and the disposal of its shareholding in joint venture Marco Polo Offshore (IV) Pte Ltd.
Marco Polo Marine plans to release its unaudited FY2025 results on or before Nov, 29 2025, and cautioned shareholders and potential investors to exercise care when dealing in its shares ahead of the announcement.