Siem Offshore Inc reports 6-month pre-tax loss of USD17.4m.
NORDIC BUSINESS REPORT-23 July 2004-Siem Offshore Inc reports 6-month pre-tax loss of USD17.4m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com
The Norwegian offshore contractor Siem Offshore Inc, formerly known as DSND Inc, reported on Friday (23 July) a pre-tax loss of USD17.4m on operating revenue of USD10.4m for the financial period January-June 2004.
Pre-tax loss for the six-month period increased from the loss of USD5.8m in the first half of 2003, while operating revenue decreased from USD16.2m.
Pre-tax loss for the financial period April-June 2004 amounted to USD1.4m on operating revenue of USD5.0m.
One US dollar (USD) is worth approximately 0.547 British pounds (GBP).
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|Title Annotation:||financial reports|
|Publication:||Nordic Business Report|
|Article Type:||Brief Article|
|Date:||Jul 23, 2004|
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