Pacific Radiance's (SGX:RXS) profit rose 373% to $16.4 million in the first half of the year, compared with $3.5 million a year ago, according to a filing with the Singapore Exchange on Wednesday.
Earnings per share came in at $0.0108 per share from $0.008 per share in the year-ago period.
Revenue was up 17% year-on-year to $19.1 million from $16.3 million, thanks to a rise in ship management revenue backed by increased ship management activities.
Pacific Radiance's shares were down nearly 3% in recent trade.
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