The company is led by chairman and CEO Ang Kok Tian (picture) and his family.
For its most recent 2QFY2023 quarter ended Dec 31, the company incurred a loss of $13 million, versus $7.6 million from a year earlier. Revenue in the same period was up 30.6% y-o-y to $69.4 million.
The company is slated to report its 3QFY2023 earnings tomorrow, May 12.
As at 3.37pm, shares in ASL Marine are trading 2.1 cents higher or 61.77% up at 5.5 cents. The company is currently on SGX’s watchlist.