CRAIG Group, the oil and gas services firm employing 1000 worldwide, has reported a 13% rise in operating profits to £14.8 million in the year to April 2012.
CRAIG Group, the oil and gas services firm employing 1000 worldwide, has reported a 13% rise in operating profits to £14.8 million in the year to April 2012.
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SIMON BAIN
Turnover at the Aberdeen-based and family-owned business rose 10% to £123.3m, while net earnings were up 11.5% at £21.3m.
The group invested more than £28m, almost twice the previous year's spend, mainly in continuing modernisation of what it says is "the largest British wholly-owned fleet engaged in the UK offshore industry".
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