PETALING JAYA: Bumi Armada Bhd reported a 12.13% drop in second-quarter net earnings even as revenue jumped 22.62%, helped by its core floating production, storage and offloading (FPSO) vessel arm.
The offshore services firm said in a filing yesterday that net profit in the three months to June 30 fell to RM98.38mil from RM111.97mil a year ago, while revenue rose to RM590.08mil compared with RM481.23mil.
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