Independent journal on economy and transport policy
07:01 GMT+1
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Euronav has archived item 2011 with a net loss of 96,4 million dollars
The revenues are diminished of 41.6% to 394,4 million dollars
January 23, 2012
In the last trimester of the 2011 shipowning society Belgian Euronav it has brought back a net loss of 50,7 million dollars on revenues for 92,9 million dollars respect to a net loss of 17,6 million dollars on revenues for 101,4 million dollars in the correspondent period of the year precedence. The operating result has been negative for 36,5 million dollars respect to operating liabilities of 7,9 million dollars in the fourth trimester of 2010.
Turned out Sul of the period October-December of 2011 burdens extraordinary liabilities of 25,5 million dollars determined from the cancellation of a relative order to the construction of a Suezmax ship.
In the entire exercise anniversary the 2011 Belgian company has totaled a net loss of 96,4 million dollars on revenues for 394,4 million dollars respect to a profit clearly of 19,7 million dollars on revenues for 525,1 million dollars in 2010. The operating result has been negative for 40,7 million dollars respect to an operating profit of 88,1 million dollars in 2010.
The fleet of property of Euronav is constituted by 38 ships between oil tankers and unit FSO.
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