Singapore OSV owner PACC Offshore Services Holdings (POSH) has cut its third quarter loss thanks to joint ventures.
The company said the net deficit to 30 September was $9.78m, down from $12.95m in the same three months of 2016.
Revenue grew to $52.78m against $41.62m, but costs rose faster at $57.12m, compared to $43.06m a year ago.
The owner was boosted by a gain of $11.8m
