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Topaz Energy and Marine doubles its result

The operating result almost doubled in the first half of the year for Topaz Energy and Marine, which was acquired by DP World in July. Topaz' CEO says that the result illustrates the company's successful strategy, which led to the DP World acquisition.

Topaz Energy and Marine CEO René Kofod-Olsen | Photo: PR / Topaz Marine and Energy

Offshore service ship operator Topaz Energy and Marine doubled its result in the first half of the year, according to a financial update from the company, which was acquired by DP World in July.

The operating profit grew from USD 77 million in the first half of 2018 to USD 141 million this year. Revenue also surged to USD 235 million from USD 151 million last year.

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