Polaris Holding Company Limited reported earnings results for the six months ended September 30, 2015. The company reported that container volumes were up 3.9% year over year, with loose break bulk cargo also significantly higher year over year. Revenue for the half was $5.59 million, 13.9% above prior year's $4.91 million.

The company reported profits for the six months ended September 30, 2015 of $737,000 or $0.59 per share. Contrast this to last year's first half which reflected a loss of $271,000 or $0.22 per share and the prior year ended March 31, 2015 in deficit of $443,000 or $0.34 per share. Operating expenses in the current half were trimmed over $300,000 from the prior year's first six months, despite the higher volumes.

This cost cutting punctuates a significant improvement in operations.