Jutha Maritime has seen its nine-month loss grow on the back of smaller revenue and more expenses.

The Thailand-listed owner said its red ink between January and September amounted to THB 98.25m ($2.77m), against THB 7.9m a year earlier.

The company’s expenses climbed from THB 313.6m to THB 330.9m.

Jutha reported nine-month revenue of THB 260.8, lower than the THB 333.7m posted in the same period of 2015.

The