Dragon Oil makes profit

Dragon Oil recorded a profit before tax of $2,000 in 1999, compared with a loss of $64 million in 1999. Sales grew from $10

Dragon Oil recorded a profit before tax of $2,000 in 1999, compared with a loss of $64 million in 1999. Sales grew from $10.5 million to $40.6 million.

The company relocated its head office to Dubai during the year. The company said the positive trend will continue.