One-offs kept it afloat.
Pacific Radiance's bottom line was saved by US$6.6m in disposal gains from the sale of two vessels in the third quarter.
If not for this hefty gain, the offshore support provider would have barely broken even during the period.
PACRA's core net profit of US$3.5m represented a 74% year-on-year drop, dragged by higher interest costs and lower associates contributions.
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!
Read Here
Advertise
Sign Up
