Aker RGI Records 42% Drop

Friday, August 13, 1999

Norwegian industrial holding group Aker RGI recorded a 42 percent drop in first half operating profits, mainly pressured by weaker results for its offshore supply unit Aker Maritime. The group posted operating profits for the first six months of the year at 276 million crowns ($36 million), down from $61.4 million in the same year-ago period.

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