The company said on Thursday its total operating revenues reached $200.8 million for the full year, although fourth quarter revenues dropped by almost a quarter to $44.99 million.
Quarterly contract sales were down 37% and EMGS said multi-client surveys totalling five vessel months also factored in the decline.
Net profit for the full year was up 17% to $11.9 million, despite recording a net loss of $700,000 for the quarter, a dramatic slide downwards from the 2011 fourth quarter net profit of $12.3
