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Bumi Armada posts strong results

KUALA LUMPUR: Bumi Armada Bhd has reported a strong set of financial results with a net profit of RM78.21mil in the second quarter ended June 30 compared with net loss of RM585.40mil a year agoThe international offshore energy facilities and services provider in a filing with the exchange yesterday said its revenue was RM535.64mil, down 18.1% from RM654.04mil a year ago. Earnings per share were 1.33 sen compared with a loss per share of 9.97 sen.