The Singapore-listed firm also clinched a second contract to provide full logistics and support services activities for the haulage of equipment and modules for the development of LNG facilities on Curtis Island, Australia.
Ezion recorded first quarter net profit of $14.08m, down 37.41% from year-ago figure of $22.48m, due to an absence of gain on disposal of a liftboat. Before gain on disposal of liftboat, net profit rose 23.2% from $11.43m record in the same period of 2011.
Revenue during the quarter climbed 42.3% to $30.57m.
Meanwhile, Ezion also established a S$500m ($400.15m) multicurrency debt issuance programme. DBS Bank has been appointed as the arranger and dealer of the programme.
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