CH Offshore's (SGX:C13) attributable profit to equity holders declined 57% during the first half of the year to $236,000 from $554,000 a year earlier, according to a Tuesday filing with the Singapore Exchange.
Earnings per share dropped to $0.0003 compared with $0.0008 in the comparable period.
Revenue declined 27% year over year to $10.8 million from $14.8 million, due to a decrease in revenue generated from third-party chartered vessels.
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