The Antwerp-based owner of LNG vessels, LPG carriers and offshore service vessels posted a $9.4m after-tax profit for the quarter, down from $14.2m in the same period of 2014.
The Euronext-listed company saw its revenue decline to $32.4m from $36.8m a year ago.
Exmar’s operating result fell to $15.3m from $17m in the first quarter of last year, with the LPG segment making up the largest share of the decline.
Still,