BH Global Marine, the supply chain manager of lighting, cables and electrical equipment for the marine and oil & gas industries, has reported a net profit attributable to shareholders of $2.7 million for the second quarter ended 30 June 2010 (2QFY10), a drop of 32% from $3.9 million in 2QFY10.

For the quarter under review, revenue decreased by 10% to $23.5 million mainly due to the decline in sales from the Supply Chain Management segment, which accounted for 72% of total revenue. But the group enjoyed contribution from the newly-added engineering and installation arm under the Services segment, amounting to $1.3 million.

BH Global Marine continues to maintain a cautious outlook for the foreseeable future.