July 31, 2019 / 10:57 AM / 2 months ago

Baker Hughes adjusted profit more than doubles

July 31 (Reuters) - Baker Hughes’ quarterly adjusted profit more than doubled on Wednesday, boosted by higher demand for its oilfield services in international markets as well as more orders for LNG projects.

The company’s adjusted net income rose to $104 million, or 20 cents per share, in the second quarter ended June 30, from $41 million, or 10 cents per share, a year earlier.

Total revenue rose to $5.99 billion from $5.55 billion. (Reporting by Nishara Karuvalli Pathikkal; Editing by Maju Samuel)

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