Aban Offshore announces Q2 results

Aban Offshore Ltd has announced the following Unaudited results for the quarter ended September 30, 2009:

The Company has posted a net profit for the period of Rs 873.361 million for the quarter ended September 30, 2009 as compared to Rs 813.429 million for the quarter ended September 30, 2008. Total Income has increased from Rs 2901.572 million for the quarter ended September 30, 2008 to Rs 3266.144 million for the quarter ended September 30, 2009.

The Consolidated results are as follows:

The consolidated results for the Quarter ended September 30, 2009

The Group has posted a net profit of Rs 714.497 million for the quarter ended September 30, 2009 as compared to Rs 2678.271 million for the quarter ended September 30, 2008. Total Income has decreased from Rs 9841.278 million for the quarter ended September 30, 2008 to Rs 7099.602 million for the quarter ended September 30, 2009.