Star Cargo says the group turned in a "solid performance" in the year to September 30, 2006, pointing to a 9% rise in turnover to £44.5m despite a dip in profit.
The company's latest results show that pre-tax profit fell to £2.6m from £2.8m in 2005 while operating profit dropped from £2.6m in 2006 to £2.4m last time.