Precision Drilling Corp., Canada's biggest oilfield-services company, said profit declined 89 percent in the second quarter.
Net income fell to C$3.33 million ($2.1 million), or 6 cents a share, from C$31.1 million, or 57 cents, a year earlier. Revenue declined 16 percent to C$345.9 million, the company said in a statement issued by Canada Newswire.
Precision shares fell 73 cents to C$46.99 yesterday on the Toronto Stock Exchange. They've risen 7.9 percent in the past year.
The face of USA's First Lady Melania Trump after her handshake with Russian President Putin has received a lot of attention in social media
The Ukrainian government refuses to abode by its obligations, rejects a peaceful resolution of the conflict, and disregards its own people, the president said