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Shipbuilding Ship operations

Yards help Labroy lap up 81% rise in profits

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STRONG contributions from shipbuilding and offshore engineering together with higher operating margins led Singapore’s Labroy Marine to post an 81% surge in net profit to S$34.2m ($22.5m) in the first quarter. Revenue surged 60% to S$188.31m, writes Keith Wallis in Hong Kong.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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