Singapore-listed Chemoil reported stable third quarter earnings which did little to improve the company's bottom line.

Chemoil's CEO Tom Reilly

But third quarter revenue told a different story. It came in at $2.7bn compared to $1.7bn in the same quarter last year.

Sales volume also rose from 3.8m to 4.1m tonnes over the period.

Net profit remained stable at $2.5m but operating profit jumped from $300,000 to over $5m.

Noting