FilingReader Intelligence
Modec reports 17% profit jump on FPSO orders
August 7, 2025 at 03:49 AM UTC•By FilingReader AI
Modec Inc's first-half profit rose 17% to $145m, while revenue grew 10.5% to $2.07bn supported by steady FPSO construction.
New orders including the Gato do Mato field totaled $5.04bn, boosting the order backlog to $16.58bn.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
TSE:6269•Tokyo Stock Exchange
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