Maersk Drilling presents profit ahead of Noble merger

Noble Corp has forwarded a series of Maersk Drilling's accounting figures to the US Securities & Exchange Commission.

Photo: Maersk Drilling

In the run-up to the impending merger with Noble Corp, Maersk Drilling presents its unaudited interim consolidated financial statements for the first nine months of 2021, the Danish company informs in a stock exchange notice.

Noble had already submitted an S-4 form containing the financials to the Securities & Exchange Commission.

The freshly published consolidated statements contain figures not included in Maersk Drilling's interim report released on Nov. 10, including a business update for the third quarter showing posts such as revenue, utilization rate and day rate.

For the first nine months of this year, the Danish company booked pre-tax profit of USD 78m against a deficit before taxes of USD 1.621bn in 2020.

Maersk Drilling's bottom line for the period shows profit of USD 60m compared to post-tax loss of USD 1.298bn from the comparable time frame of 2020.

Maersk Drilling's fiscal 2021 is set to close on Feb. 11, 2022.

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