Vopak Reports Mixed Quarterly Results

July 27, 2022

(File photo: Vopak)
(File photo: Vopak)

Vopak's quarterly revenues and core profit beat expectations on Wednesday but its net income fell short, as the Dutch tank storage company recorded asset impairment charges.

The group reported a net profit of 53.5 million euros ($54.30 million) in the second quarter, below analysts' average estimate of 75.3 million.


($1 = 0.9852 euros)

(Reuters - Reporting by Juliette Portala and Dina Kartit; Editing by Muralikumar Anantharaman)

Logistics News

DP World Constanța Welcomes Electric Liebherr Mobile Harbor Cranes

DP World Constanța Welcomes Electric Liebherr Mobile Harbor Cranes

ONE, MTI Launch QUAVEO JV to Accelerate AI-Driven Digital Transformation

Suez Canal Rebound Muted Despite Houthi Attack Stoppage

Suez Canal Rebound Muted Despite Houthi Attack Stoppage

PCTC Vessel MV Ocean Explorer Delivered

PCTC Vessel  MV Ocean Explorer Delivered

Subscribe for Maritime Logistics Professional E‑News

Singapore's Nasdaq connection draws interest but thresholds and liquidity could limit take-up.
Bousso: Trump's "Donroe doctrine" could cost US oil companies their jobs if it targets China.
Aluminium prices in the US reach record levels due to tariffs and low stock