Kim Heng Offshore & Marine Holdings has lessened its third-quarter deficit on the back of improved revenue.
The Thomas Tan-led company posted net loss attributable to common shareholders of SGD 3.4m ($2.47m) versus an SGD 3.9m loss a year earlier.
The gain was mostly attributable to a 46% jump in revenue to SGD 9.2m due to more chartering and towage contracts and vessel trading activity.
