Japanese shipyard Sanoyas Holdings has posted a drop in earnings over the first nine months of its financial year.
Net profit to 31 December was JPY 482m ($4.42m), from JPY 1.02bn a year ago.
Revenue was JPY 35.62bn, down from JPY 38bn in 2016.
The full-year forecast is for profit of JPY 100m, against an actual loss of JPY 2.44bn
