Petrofac Reports 31% Surge In Net Profit

Petrofac Ltd POFCY reported a 31% rise in its first-half net profit. Petrofac's net profit for the period rose to $246.5 million. Its revenue surged 25% to $2.71 billion. Petrofac also raised its interim dividend payment by 26% to 17.4 cents per share. Petrofac shares gained 3.43% to close at $9.95 on Friday.