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Vard's Q4 profit, revenue rise on high activity at yards
VARD Holdings on Friday reported a net profit of 154 million Norwegian kroner (S$27.5 million) for the fourth quarter, up 36.3 per cent from a year ago.
Revenue rose 45.5 per cent to 4.5 billion kroner, on the back of high activity at its yards and with subcontractors,
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