#FerryNews - Profits in Irish Continental Group (ICG) almost halved to €29.7 million in the six months ended June 30, the latest figures show.

As The Irish Times reports, ICG whose ferry division Irish Ferries, saw revenue grew slightly to €157.2 million from €156.1 million in the first half of the year.

Profit before tax fell 46 per cent to €29.7 million from €47.5 million during the same period last year.

Earnings per share fell 33 per cent to 15.3 cent in the six months ended June 30 from 22.8 cent in the first half of 2017.

Total equity rose 55 per cent in the period to €240.3 million from €191.3 on June 30 last year.

For more on the financial results, click here.