Total expenses were 26.9% lower at US$34.0 million from US$46.5 million last year.
SINGAPORE (Nov 13): Mermaid Maritime recorded a loss in 3Q17 of US$2.04 million ($2.77 million), compared to earnings of US$7.49 million in 3Q16.
Revenue for the quarter came in at US$30.6 million, 41.2% less than US$52.1 million a year ago, due to a decrease in revenues from services.
