Tuesday, November 20, 2012

[Marine] ABG profit down

ABG profit down

India’s ABG Shipyard saw profit for the second quarter, from July to September, dropped.

Revenues were INR 5.43bn ($99m), declined from INR 5.71bn in 2011.

Net earnings posted INR 328m.

Meanwhile, ABG's managing director RS Nakhra has resigned due to ill health and no replacement has been made yet, the company said.



Published : November 19, 2012


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