Feb 22, 2011

Dragon Oil revenues up by record 25% to €780m



EXPLORATION AND production company Dragon Oil has announced full-year pretax profits of $514.7 million, up 49 per cent compared to $344.9 million in 2009.
Revenues increased by a record 25 per cent to $780.4 million from $623.5 million while operating profit reached $487.7 million compared to $314.4 million a year earlier. Earnings per share rose to 74.7 cents from 50.2 cents.
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Source: Irishtimes.com

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