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Rotary Engg back in the black in Q3

It posts $7.9m profit on the back of a 60% rise in revenue

CONTINUING its turnaround from its earlier Saudi woes, specialist oil and gas contractor Rotary Engineering posted a Q3 net profit of $7.9 million on the back of a 60 per cent revenue increase to $184.5 million - from a net loss of $66.2 million and revenue of $115 million a year ago. Earnings