Subscribe to RSS feedThoresen Thai still takes downbeat view of dry bulk
by
Colum Murphy, Hong Kong
—
last modified
Aug 27, 2010 10:55 AM
BANGKOK-listed Thoresen Thai Agencies (TTA) remains bearish on the outlook for the dry bulk sector despite its contribution to the company’s latest quarterly results.
Net profit fell by almost half to Baht185.1m (US$5.6m) in the quarter ending June 30, down 48% from Baht352.6m in the same period a year earlier.
However, net profit from the company’s core dry bulk operation was up 13%...
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