The financial performance ofOceanteam improved during the first half of 2022 from a net loss ofUSD 1.5 million in H1 2021 to a net loss ofUSD 1.1 million in H1 2022. The loss from discontinued operations decreased byUSD 0.7 million fromUSD 0.8 million in H1 2021 toUSD 0.1 million in H1 2022, whereas the loss from continuing operations increased slightly byUSD 0.3 million fromUSD 0.7 million in H1 2021 toUSD 1.0 million in H1 2022. The lower result from continuing operations was mainly due to reduced equipment utilisation. For further information aboutOceanteam ASA please visit www.oceanteam.no or contact: Hans Reinigert CEOOceanteam ASA Telephone: +31 20 535 75 70 E-mail: hans@oceanteam.nl
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