Independent journal on economy and transport policy
09:01 GMT+1
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In according to trimester of the 2013 result clearly of the Bahri Saudi it is diminished of 36.0%
the operating result has recorded a decrease of 16.3%
July 17, 2013
The shipowning society Saudi The National Shipping Company of Saudi Arabia (Bahri) has archived item the second trimester of this year with a profit of clearly 132,5 million riyal (35 million dollars), with a bending of the -36,0% regarding 207,1 million riyal in the correspondent period of 2012. Bahri has explained that the contraction of the result is determined by the bending of the profits deriving from the activity of oil transport because of the reduction of the hires. Moreover the quota profit deriving from the participated Petredec, the trading is diminished company in the field of the gas of liquified oil of which Bahri it stops 30.3% of the capital stock, and is necessary to remember that the result of according to trimester of 2012 includes extraordinary proceeds for 34 million riyal. In according to trimester of the 2013 operating profit of Bahri it is dropped of -16,3% attesting itself to the 121,6 million one riyal.
In the first semester of this year the Saudi company has totaled an operating profit of 208,1 million riyal and a profit of clearly 276,9 million riyal, with contractions respective of the -29,8% and the -24,6% on the first half of 2012.
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The shipowning society Saudi The National Shipping Company of Saudi Arabia (Bahri) has archived item the second trimester of this year with a profit of clearly 132,5 million riyal (35 million dollars), with a bending of the -36,0% regarding 207,1 million riyal in the correspondent period of 2012. Bahri has explained that the contraction of the result is determined by the bending of the profits deriving from the activity of oil transport because of the reduction of the hires. Moreover the quota profit deriving from the participated Petredec, the trading is diminished company in the field of the gas of liquified oil of which Bahri it stops 30.3% of the capital stock, and is necessary to remember that the result of according to trimester of 2012 includes extraordinary proceeds for 34 million riyal. In according to trimester of the 2013 operating profit of Bahri it is dropped of -16,3% attesting itself to the 121,6 million one riyal.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
