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Stevedoring Services Releases Interim Six-Month Report
Hamilton, Bermuda: 26th October 2005 - Stevedoring Services Ltd. (STVD.BH) has released the Company's unaudited financial figures for the six month period ending 30th September 2005 to the Bermuda Stock Exchange (BSX).
"Revenue increased by 3.8% over the previous period whilst expenses increased by 3.5% resulting in a more favourable net income figure, showing an increase of 5.2%.
Indications are that the coming six months will not see any major fluctuations in cargo flow, and the Company's performance should continue to be consistent with prior years."
Signed by
Kenneth Joaquin
President & CEO