ROC 1997 Results

Royal Olympic Cruises (ROC) has reported net income of $7.7 million on revenues of $120.6 million for its fiscal year ended Nov. 30, 1997, compared to a net loss of $776,000 on revenues of $100.1 million for the previous year.

Fourth quarter net income of $4.6 million was helped by earnings from the deployment of two ships as hotel ships.

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