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AUSTRALIA

Miclyn to sail ahead in FY2011

SINGAPORE-based Miclyn Express Offshore has performed in line with expectations in its first year as a publicly listed company and is expecting further growth in the 2011 financial year.

Marija Stojkovic
Miclyn to sail ahead in FY2011

Revenues for the 2010 financial year increased19% to $US116.5 million ($A130.9 million) while EBITDA (earnings before interest, tax, depreciation and amortisation) rose 20% to $US59.2 million. Miclyn...

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