The Singapore-listed company said net income was MYR 71.3m ($22m) versus the MYR 35.7m seen in the first quarter of 2013.
Revenue at the company rose 74% year-on-year to MYR 407.2m. However, costs rose over the same period by 68% to MYR 321m.
“The higher revenue came from the shipbuilding segment which recorded revenue of MYR 383.2m for the quarter, an increase of 68%,” NCL said.
Its
