Ezra Holdings said its earnings for its fourth quarter ended Aug 31, 2012 fell 41% to US$7.26 million ($8.9 million), from US$12.30 million a year ago.
Revenue for the quarter rose 49% to US$326.3 million.
However, for the full year ended August 31, 2012, the group registered a gain of 62% in earnings to US$65 million from US$40.06 million a year ago.
Revenue for the 12 months was US$984.18 million, up 76% from US$559.10 million a year ago. It attributed the gains to the successful integration of its subsea services operations held under the EMAS AMC group.
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