Independent journal on economy and transport policy
07:32 GMT+1
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In according to trimester of the 2012 result clearly of the Bahri Saudi it has grown of 126.6%
the operating profit is increased of 42.3%
July 16, 2012
The shipowning society Saudi The National Shipping Company of Saudi Arabia (Bahri) has announced to have archived item the second trimester of this year with a profit of clearly 207,1 million riyal (55 million dollars), with an increment of 126.6% regarding 91,4 million riyal in the correspondent period of 2011. The operating profit is piled to 145,3 million riyal (+42.3%).
Bahri has closed altogether the first semester of 2012 with a profit of clearly 367,2 million riyal, in increase of 143% regarding the 151,1 million one riyal in the first half last year. The semiannual operating profit has been attested 296,4 million to riyal (+111.6%).
The managing director of the shipowning society, Saleh Nasser Al-Jasser, has explained that the increment of the result clearly in according to trimester and the first semester of this year is determined by the increase of the installments of hire TCE for the Raw Very Large Carrier (VLCC) that the company employs in the market ad let alone from the increase of the result of the participated Petredec, of which Bahri stops 30.3% of the capital stock.
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The shipowning society Saudi The National Shipping Company of Saudi Arabia (Bahri) has announced to have archived item the second trimester of this year with a profit of clearly 207,1 million riyal (55 million dollars), with an increment of 126.6% regarding 91,4 million riyal in the correspondent period of 2011. The operating profit is piled to 145,3 million riyal (+42.3%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
