Bermuda-registered Sea Containers Ltd., announced a profit of $10 million in its first year of operation.

The train, linking Singapore, Kuala Lumpur and Bangkok, carried over 11,000 passengers or 80 percent of its capacity in 1993.

The earnings ran ahead of expectations as Sea Containers and its partners -- who invested a total of $25 million in the project -- only expected to break even, the company said.

"Bookings for 1995 are already significantly ahead of this time last year,'' according to Mr. Francis Yeoh, president.

Thirty seven percent of the train's passengers are American while European and UK passengers represented 30 percent of the volume. Travellers from Japan, southern hemisphere, and others represented 18, 10 and five percent of volume respectively, according to Bloomberg Business News.

The train started its first run from Singapore on September 19, 1993 and has completed 122 scheduled and special services as well as contributing $2.5 million to regional rail authorities for rail infrastructure.

EOE is managed by London-based Venice Simplon Orient Express, which is fully owned by Sea Containers.

Details about proposed investment in a river cruise operation and luxury hotel project in Myanmar could be released next year.