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Petrofac Posts HY Loss; Targets 30% Of Women In Senior Roles By 2030

Petrofac Ltd. (POFCF.PK,POFCY.PK,PFC.L) reported that its net loss for the six months ended 30 June 2020 was US$78 million compared to net profit of US$139 million last year. The latest-period result was negatively impacted by exceptional items and certain re-measurements of US$99 million.

Revenue for the period was $2.10 billion, down from $2.82 billion in the prior year.

Petrofac said that it aims to reduce its Scope 1 and 2 emissions to net zero by 2030.

The company said it will achieve its target of 30% of women in senior roles by 2030. It is setting interim targets of 10% of women in senior roles by 2021 and 20% of women in senior roles by 2025.

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