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Swiber bottom line more than doubles
Published Wed, Aug 13, 2014 · 10:00 PM
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OFFSHORE oil and gas industry services provider Swiber Holdings saw its net profit for the second quarter more than double to US$10.11 million from US$4.16 million , while revenue slipped 9.4 per cent to US$219.33 million.
The lower revenue this quarter arose as significant revenue from ongoing projects was recognised in FY2013 while work on project…
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