Akita Drilling sets record profits in ’04
Akita Drilling, the leading contractor in Canada’s north, posted record earnings of C$20.9 million in 2004 on sales of C$136 million, up from its 2003 profits of C$18.78 million on revenues of C$124.1 million.
Cash flow for last year grew to C$34 million from C$30.4 million in 2003.
Akita said its r....
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