Mermaid Maritime (SGX:DU4) narrowed its second-quarter loss attributable to owners of parent to $4.2 million from $7.8 million a year prior.
Basic loss per share was $0.0022, compared with $0.0055 previously, according to a Wednesday Singapore bourse filing.
The subsea engineering and offshore marine services provider's total revenue slid 44% to $63.1 million from $112.8 million in the year-ago period.
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