---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000861730.md"
description: "Summary of $MarcoPolo Marine(5LY.SG) 3QFY2026/9MFY2026 Update * Financial Performance: 9MFY2026 revenue jumped 30% YoY to S109.7M, while 3QFY2026 revenue rose 13% YoY to S35.7M. Gross profit grew 30% YoY in 9MFY2026 to S$46.4M with gross margin holding steady at 42%. * Ship Chartering: Revenue grew 26% YoY to S68.3M in 9MFY2026 and 8% YoY to S24.0M in 3QFY2026, driven by fleet expansion including its first CSOV (MP Wind Archer) and 3 CTVs. 3QFY2026 fleet utilization reached ~72%. * Shipyard Operations: Revenue rose 37% YoY to S41.4M in 9MFY2026 and 23% YoY to S11.7M in 3QFY2026 due to higher ship repair volume following the commissioning of Drydock 4 in August 2025. * Key Growth Drivers: Subsidiary PKR Offshore signed a framework agreement with Siemens Gamesa in July 2026 to charter 2 CSOVs starting 2029. Construction of CSOV Plus is ongoing for 2Q2028 delivery. Proposed RTO of shipyard assets to Fuji Offset Plates for up to S$139.0M is underway."
datetime: "2026-08-20T00:03:30.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000861730.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000861730.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000861730.md)
author: "[LazyCat](https://longbridge.com/en/profiles/16872684.md)"
generator: "portal-rs"
---

# Summary of $MarcoPolo Marine(5LY.SG) 3QFY2026/9MFY…


### Related Stocks

- [5LY.SG](https://longbridge.com/en/quote/5LY.SG.md)
- [508.SG](https://longbridge.com/en/quote/508.SG.md)
- [CQLW.SG](https://longbridge.com/en/quote/CQLW.SG.md)

## Comments (7)

- **Fantastic · 2026-08-20T03:10:58.000Z**: 9M margin held at 42% but 3Q gross profit only grew 7% on 13% revenue. ramp cost from the new CSOV or something worse?
- **Fattycat · 2026-08-20T00:19:05.000Z**: I used to trade penny stocks in my early days. One of them,Mercator Shipping Line. Not sure if you know about it. It went into liquidation 😫. I lost all my capital. I learn a painful lesson.Another counter - Chartered Semiconductor back by Temasek …. Share price dropped from $20 to penny stock 😔. At
  - **LazyCat** (2026-08-20T00:28:53.000Z): Ya, penny stock really can GG
  - **Benjamin** (2026-08-20T03:06:36.000Z): chartered semi still stings to read. 5LY is a different animal though, 42% gross margin isn't the old sesdaq shell type.
  - **Fattycat** (2026-08-20T03:10:40.000Z): I used to own “popular” shares too. Delisted. Messy investment too. Plus sembmarine …. Worse of worse. Bought at 93 cents and close at 10cents . 🫣
- **Fattycat · 2026-08-20T00:09:41.000Z**: Very old counter from sesdaq to mainboard at sgx. Forgotten by many investors 😁.


---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**