The AIM-listed shipbroker reversed a GBP1.9m ($3.2m) loss with a GBP 2.1m gain for the 12 months to 31 March 2014 as revenuesrose 8.2% to GBP 27.9m year-on-year.
ACM attributed the improvement to an uptickin sale-and-purchase activity and increased earnings from both its tanker anddry-cargo divisions.
The company said offices in Australia,Singapore, India and China performed particularly well and contributed to whatit described as “considerable growth” during the period.
ACM
