Ezion's revenue soared 91.8% to US$52.3m

More assets to be deployed in 2013.

According to OCBC Investment Research, Ezion Holdings (Ezion) reported a 91.8% YoY rise in revenue to US$52.3m and a 95.7% increase in net profit to US$20.5m in 4Q12, bringing full year revenue and net profit to US$158.7m and US$78.8m, respectively. 

Here's more:

FY12 revenue and net profit were in line with our expectations, accounting for 100% and 105% of our full year estimates, respectively. However, FY12 net profit was 22% higher than the street’s US$64.3m forecast. More assets will be deployed in 2013, and higher contributions are also expected from Australia with the commencement of two major LNG projects as well. Same as last year, a 0.1 S cent dividend per share has also been declared.