EnglishAtlas Gip, a service provider to drilling and extraction companies, concluded the first nine months of the year with a net profit of 9.88 million RON, 2x as much as in the year-ago period, according to an announcement to RASDAQ. Nine months through last year, the company had reported 4 million RON in net profit.
Atlas Gip posted revenues of 76.85 million RON and expenses of 63.83 million RON. The turnover reached 75.3 million RON. A Prahova Court ruling recently extended the duration of the company"s reorganization plan from 3 to 4 years. Atlas Gip is controlled by Tender SA.
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