Foraco International Q3 2024 Results Highlight Key Market Growth
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Foraco International Q3 2024 Results Highlight Key Market Growth

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Foraco International (TSE:FAR) has released an update.

Foraco International, a leading drilling services provider, reported a Q3 2024 revenue of US$77.7 million, marking a slight decline from the previous year’s record but showing growth in key markets like North America and Australia. The company achieved a net profit margin of 10%, driven by strong performances in core regions and strategic client relationships despite economic challenges.

For further insights into TSE:FAR stock, check out TipRanks’ Stock Analysis page.

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