Icon Offshore net profit more than doubles in 2Q

Icon Offshore Bhd managing director Datuk Seri Hadian Hashim

PETALING JAYA: Icon Offshore Bhd’s diversification into the offshore oil and gas (O&G) drilling business earlier this year is paying off after it posted RM14.68mil net profit in the second quarter of 2021, more than double from a year earlier.

Revenue for the quarter jumped 46% to RM81.74mil from RM56.0mil previously.