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Hunting HY Profit Increases

Hunting Plc. (HTG.L), the international energy services group, reported that its profit from operations for the six months to 30 June 2019 increased to $41.1 million from $38.9 million in the previous year. But, earnings per share were 17.3 cents down from 19.1 cents in the previous year.

Underlying profit from operations rose to $55.6 million from $53.5 million in the prior year. But, underlying earnings per share decreased to 23.6 cents from 25.0 cents last year.

Revenue rose to $508.9 million from last year's $442.8 million, reflecting growth in US, EMEA and Asia Pacific segments.

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