Maybulk's 2Q profit jumps despite lower revenue, thanks to vessel disposal gain
Malaysian Bulk Carriers Bhd reported a 90.5% jump in net profit to RM61.6 million for the second quarter ended June 30, 2022, from RM32.1 million in the corresponding quarter a year earlier, after it recognised a gain of RM50.1 million from the disposal of MV Alam Kukuh for RM160.55 million.