KUALA LUMPUR: Bumi Armada Bhd
's earnings fell 12.5% to RM109.14mil in the fourth quarter ended Dec 31, 2012 from RM124.76mil a year ago due to higher cost of sales but it was upbeat about the long term outlook for the offshore oil and gas services sector.
It said on Friday, revenue was higher by 28.8% to RM477.77mil from RM370.85mil while earnings per share were 3.73 sen compared with 4.26 sen.
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