TGS Nopec’s numbers slide
Norwegian seismic player TGS-Nopec’s operating profit before interest and
tax fell 9% to $46.6 million for the first quarter this year compared with
the same period last year.
The outfit said net revenues jumped 10% to $105.2 million for the January to
March quarter versus the same period last year as a result of higher revenue
sharing on multi-client sales.
Diluted earnings per share were $0.28, down 13% compared to $0.32 reported
in the first quarter last year.
08 May 2008 06:30 GMT
| last updated:
08 May 2008 08:11 GMT
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