In its first results since listing, shipping and sea food group Pacific Andes Holdings showed an almost 30 per cent increase in net profit. Profits for the year to end March were up $75.6 million from $58.8 million a year earlier. Turnover jumped to $1.37 billion, or 74 per cent on the previous year. The company was listed in Singapore last October. before that it was a division of parent company Hong Kong-listed Pacific Andes International Holdings.