Mencast Holdings, the sterngear equipment manufacturer and services provider, achieved a net profit attributable to shareholders of $7 million for the full-year ended 31 December 2009 (FY2009).
Total revenue of the group rose 4.8% to $26.3 million in FY2009, on the back of higher revenue contribution from its sterngear services business division, due mainly to the contribution from Recon Propeller & Engineering Pte Ltd and the business of Denfon Engineering, following their acquisitions last year.
