KUALA LUMPUR: Coastal Contracts Bhds net profit increased 50.6 per cent to RM48.2 million for the second quarter ended June 30 2014, attributed to among others to a larger deliveries of newbuild offshore support vessels (OSV). Revenue for the quarter jumped 69.4 per cent to RM242.37 million, while earning per share grew to 9.08 sen from 6.63 sen. Coastal Contracts declared a first interim dividend of 3.4 sen per ordinary share.
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