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Pac Radiance Q3 buoyed by higher vessel gain
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Published Thu, Nov 13, 2014 · 09:50 PM
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Singapore
OFFSHORE marine services firm Pacific Radiance's bottom line received a 24 per cent boost, as the firm posted a US$13.07 million net profit for the third quarter ended Sept 30 due to increased gains from sale of vessels.
This was despite a 9 per cent fall in revenue to US$44.36 million on the back of lower contributions from its subsea business.
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