During the corresponding time, Caspian Services Inc recorded a revenue increase by 53.34 % year on year, sequentially revenue grew by 103.95 %. While revenue at the Caspian Services Inc's corporate clients
Caspian Services Inc's Comment on Sales, Marketing and Customers
Our vessel, geophysical and marine base services are each provided to a limited
number of customers, the loss of any one of these customers could adversely impact
our financial condition and results of operations. Given the delays associated
with the development of the Kashagan oil field and the limited current demand
for services in the Kazakhstan sector of the Caspian Sea, the loss of any of our
major customers could have a detrimental impact upon our financial condition and
results of operations.