23 Apr 2012 11:03
Eurasia Drilling Co boosts net profits 34% in 2011
MOSCOW. April 23 (Interfax) - Eurasia Drilling Company (EDC) increased its net profits 34% last year to $277 million, a company statement says.
Sales revenues were up 52% at $2.752 billion, as EBITDA (earnings before interest, taxes, depreciation, and amortization) grew 37% to $597 million.