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Pacific Radiance posts Q1 profit of US$17.8m

Thursday, May 15, 2014 - 06:00

OFFSHORE and marine services provider Pacific Radiance (Pacific) posted a first-quarter net profit of US$17.8 million, more than double the US$8.5 million a year earlier. The results were helped by higher revenue, better gross margins and gains from the sale of vessels. Revenue for the three

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