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JDC Reported Fiscal Year 2004 Results

2005-06-07

JDC's five rigs achieved 100% utilization in the fiscal year 2004 ended March 31, 2005 under the long term contracts with national oil companies respectively.

As a result, ordinary profit was US$ 5.6 million on total revenue of US$ 73.5 million, up by 70.8% and 10.4% from the previous year respectively. Net income was US$ 16.8 million, up by 664.6% from the previous year, maintaining black in figure for ten straight years. (Converted at JPY107.60/US$ for 2004) .