Polarcus Board approves 2016 IFRS Financial Statements
6 Apr 2017
The Board of Directors of Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) has approved the 2016 annual financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”).
Polarcus reported its IFRS unaudited fourth quarter and preliminary full year 2016 results on 21 February 2017. There were no changes to the consolidated annual financial statements compared to those presented on 21 February 2017.
Polarcus’ 2016 Annual Report will be made available electronically to the Company’s shareholders in April 2017.
Hans-Peter Burlid, CFO
+971 50 559 8175
Polarcus (OSE: PLCS) is an innovative marine geophysical company with a pioneering environmental agenda, delivering high-end towed streamer data acquisition and imaging services from Pole to Pole. Polarcus operates a fleet of high performance 3D seismic vessels incorporating leading-edge maritime technologies for improved safety and efficiency. Polarcus offers contract seismic surveys and multi-client projects with advanced onboard processing solutions and employs nearly 500 professionals worldwide. The Company’s principal office is in Dubai, United Arab Emirates. For more information, visit www.polarcus.com