Maridive and Oil Services reports earnings of USD2mn in 3Q16
Maridive and Oil Services [MOIL.CA] has just reported its 3Q16 financial results, showing profit of USD2mn (vs. earnings of only USD317k in 3Q15, -57% Q-o-Q). Revenues came in at USD53mn (-57% Y-o-Y, -21% Q-o-Q), while gross profit came in at USD17mn (-6% Y-o-Y, -18% Q-o-Q). (Company disclosure)
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