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You are here: Home Archive 2005 Mar 03 UK business bolsters Adsteam's first half

UK business bolsters Adsteam's first half

by Obsidian last modified Mar 03, 2005 12:00 AM

Adsteam Marine has reported a 13% increase in after-tax profits in the first half to December 31, 2004, from $12.8m over $11.4m.

Revenue was up 10% to $164.3m, and costs fell.

However, earnings before interest and tax in the company's Australian operations were down 17% to $18.5m on a 7% rise in revenue, while the UK earnings improved by 32% to 5.3m...

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