Offshore staff

SINGAPORE -- Oil service company Ezra Holdings Ltd. more than doubled its profit to $13.75 million, taking in gains from vessel sales and investments for the six months ended Feb. 28, 2007. Revenue rose 87%.

"Our gross margin remains extremely healthy, and the group continues to generate positive net cash flow from operations. Firm demand for our modern vessels ensures that charter rates continue their uptrend," says Lionel Lee, Ezra's managing director.

4/11/2007