Marco Polo Marine 9M revenue climbs 30% on vessel, shipyard growth
Gross profit rose 30% YoY to $36.3m (S$46.4m).
Marco Polo Marine Ltd. reported revenue of $85.8m (S$109.7m) for the nine months ended 30 June 2026, up 30% year on year (YoY) as ship chartering and shipyard Divisions deliver growth.
Ship Chartering Operations generated $53.4m (S$68.3m) in revenue, up 26% YoY, driven by the expanded offshore vessel fleet, including the group's first Commissioning Service Operation Vessel, the MP Wind Archer, and three additional Crew Transfer Vessels.
Meanwhile, the Ship Building & Repair Operations posted revenue of $32.4m (S$41.4m), a 37% YoY increase, due to higher ship repair volumes following the August 2025 commissioning of Drydock 4 at the Group's Batam shipyard.
Gross profit rose 30% to $36.3m (S$46.4m) from $27.9m (S$35.6m), with gross profit margin steady at 42%.