The company posted a profit of US$30.3 million, a 38.4% fall from the US$49.2 million profit booked in the third quarter of 2014.

Revenue for the recent quarter was down 9.1% from a year ago, with the company generating US$86.2 million, while cost of sales increased 31.8% to nearly US$61.3 million.

Ezion blamed the fall in revenue on the lack of contribution from its marine and logistic support services division as projects in Queensland, Australia did not go into additional trains as originally planned.

The