DOF Subsea Returns to Profit as Group Seeks Refinancing Deal

DOF Subsea, a subsidiary of DOF Group, reported profit in the second quarter of 2019 of NOK 14 million ($1.5 million), compared to loss of NOK 292 million ($32.4 million) in the corresponding period in 2018.

Year-to-date result for 2018 came out negative, with loss of NOK 10 million ($1.1 million), against loss of NOK 112 million ($12.4 million) in the six months of 2018.

Continue reading

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.