The United Arab Emirates-based fabricator recovered from a $51.1 million loss last year to record a profit of $7.3 million for the 2013 first-half.
Revenue was roughly on par with last year at $521 million, with the company’s newbuild division being the largest contributor.
Improved performance from ongoing operations led to a gross profit of $43 million and earnings before interest, taxes, depreciation and amortisations of $26.8
