Oceanteam has returned to the black in the third quarter as it continues to search for solutions to its financial problems.
Its net profit for the period stood at $2.5m, reversing a loss of $8.8m in the corresponding quarter of last year.
Oceanteam also posted a positive operating profit of $5.6m, compared to an operating loss of $5.9m.
Besides the good operational performance, Oceanteam acknowledged its financial headwinds.
It
