Drilling services company Master Drilling, which operates in 23 countries and which is continuing to grow its presence in new global markets, on Tuesday reported a “muted but resilient performance” for the full year ended December 31, thanks to what it described as a “flexible business model and diversified footprint”. Master Drilling CEO Danie Pretorius described JSE-listed company's 2020 performance as having been weighed down by the material impact of Covid-19 restrictions, which resulted in significant revenue decline from South American operations.
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