Marco Polo Marine's (SGX:5LY) profit attributable to equity holders declined by 42% in fiscal H2 to SG$10.7 million from SG$18.3 million a year earlier.
Earnings per share dropped to SG$0.0028 from SG$0.0050 in the year-ago period, according to a filing with the Singapore Exchange on Thursday.
Revenue fell 13% year over year to SG$62.0 million from SG$71.2 million due to a decrease in revenue from ship chartering operations.
Shares of the marine transportation company were down nearly 2% in recent trading.
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