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

Singapore Launches OCEANS-X to Advance Maritime Digital Connectivity

Singapore Launches OCEANS-X to Advance Maritime Digital Connectivity

USACE Releases Final FY2026 Great Lakes Maintenance Program

USACE Releases Final FY2026 Great Lakes Maintenance Program

Argentina Trucker Protest Delays at Least 10 Ships at Port Waiting to Load Grain

Argentina Trucker Protest Delays at Least 10 Ships at Port Waiting to Load Grain

DSV Delivers Petrochemical Columns to ORLEN

DSV Delivers Petrochemical Columns to ORLEN

Subscribe for Maritime Logistics Professional E‑News

United Airlines' outlook is disappointing as jet fuel surge threatens near term
Senators urge US Postal Service to not implement Trump's mail-in voting order
US warns that it will soon run out of money for paying airport security staff