National Energy Services Reunited (NESR) has released an update.
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National Energy Services Reunited Corp. reported a slight decrease in total assets from $1,797,740 thousand at the end of December 2023 to $1,789,354 thousand as of June 2024, with a notable improvement in retained earnings deficit from $(62,440) thousand to $(33,585) thousand. The financial update, based on unaudited condensed consolidated interim financial statements, reflects the company’s current financial position and performance under U.S. GAAP.
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