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Penguin's Q1 profit surges on higher revenue

Tuesday, May 13, 2014 - 06:00

Singapore MARINE and offshore firm Penguin International posted an enormous surge in first-quarter profit from continuing operations at $7 million, up from $1.5 million for the corresponding quarter the previous year. This upswing came on the back of a 55.2 per cent spike in revenue, from $19.8

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