Independent journal on economy and transport policy
07:53 GMT+1
This page has been automatically translated by Original news
In the third trimester of the 2012 result clearly of the Bahri Saudi it records a rise of 157.3%
the operating profit is piled of 111.0%
October 19, 2012
The shipowning company Saudi National Shipping Company of Saudi Arabia (Bahri) has announced to have closed the third trimester of this year with a profit of clearly 60,2 million riyal (16 million dollars), with an increment of 157.3% regarding 23,4 million riyal in the correspondent period of 2011. The operating profit is piled to 76,7 million riyal (+111.0%).
In the first nine months of the 2012 company it has totaled a profit of clearly 427,4 million riyal, with an increase of 145.0% on the period January-september last year. The operating profit has been attested to 373,2 million riyal regarding 176,6 million in the same period of 2011.
The managing director of Bahri, Saleh Nasser, has explained that the increase of the result clearly of the third trimester is determined by an increment of the profits in the field general cargo, by a reduction of the fuel consumption thanks to the slow down of the speed of the ships and by the positive results of the new Bahri Dry Bulk Company company, than Bahri has constituted in joint venture with group ARASCO ( on 17 April 2012).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The shipowning company Saudi National Shipping Company of Saudi Arabia (Bahri) has announced to have closed the third trimester of this year with a profit of clearly 60,2 million riyal (16 million dollars), with an increment of 157.3% regarding 23,4 million riyal in the correspondent period of 2011. The operating profit is piled to 76,7 million riyal (+111.0%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
