In H1 2015 the net profit of Eurasia Drilling decreases by 55% to 91 million dollars.
Edited by Rhod Mackenzie / 2015-08-20 07:42:53
In H1 2015 the net profit of the Eurasia Drilling Company (EDC) under US GAAP decreased by 55% to $91 million , according to a company report.
The revenue for the period fell by 40% to $923 million, Tass reports.
At the same time the company's EBITDA fell by 44% to $ 225 million. EBITDA margin for H1 2015 was 24.4% versus 26% for the same period a year earlier.
