Independent journal on economy and transport policy
02:24 GMT+2
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Euronav has closed the third trimester with a net loss of 40,5 million dollars
The revenues are diminished of 24% to 88,5 million dollars
October 24, 2011
In the third trimester of this year the shipowning society Belgian Euronav, than work a fleet of beyond 30 Raw tankers between Very Large Carrier and Suezmax, has totaled a net loss of 40,5 million dollars on revenues for 88,5 million dollars respect to a net loss of 11,9 million dollars on revenues for 117,0 million dollars in the correspondent period of 2010. The EBITDA is piled to 17,6 million dollars regarding 50,7 million dollars in the third trimester last year.
In the first nine months of the 2011 company it has recorded a net loss of 45,6 million dollars on revenues for 301,5 million dollars respect to a profit clearly of 37,8 million dollars on revenues for 423,6 million dollars in the first half last year. The EBITDA has been pairs to 121,9 million dollars regarding 226,2 million dollars in the period January-june of 2010.
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In the third trimester of this year the shipowning society Belgian Euronav, than work a fleet of beyond 30 Raw tankers between Very Large Carrier and Suezmax, has totaled a net loss of 40,5 million dollars on revenues for 88,5 million dollars respect to a net loss of 11,9 million dollars on revenues for 117,0 million dollars in the correspondent period of 2010. The EBITDA is piled to 17,6 million dollars regarding 50,7 million dollars in the third trimester last year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
