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Vallianz faces pressure on gross profit margin
Published Mon, Feb 13, 2017 · 09:50 PM
Singapore
VALLIANZ Holdings posted a 13.2 per cent increase to US$4.66 million in fourth-quarter profit attributable to equity-owners. But the offshore support vessel (OSV) owner-operator noted pressure on its gross profit margin and a decrease in vessel management revenue in tandem with its efforts to mitigate its topline exposure to Swiber Holdings.
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