Nigerian oil services firm Caverton H1 pretax profit falls 32%

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Lagos - Nigerian oil services firm Caverton reported a 32 percent drop in first-half pretax profit to 1.76 billion naira ($9 million) versus a year earlier, it said on Friday. Revenue also declined to 11.90 billion naira in the six months to end-June from 12.50 billion naira during the same period last year, the company said in a statement, without giving reason for the drop in earnings. ($1 = 198.9500 naira) - Reuters

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