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

FMC Decision Upheld That Detention Fees During Port Closure Are Unfair

FMC Decision Upheld That Detention Fees During Port Closure Are Unfair

AIDAmar Cruise Ship Docks at Damen Shiprepair for Bottom Survey

AIDAmar Cruise Ship Docks at Damen Shiprepair for Bottom Survey

BCT Gdynia Receives Two LHM 550 Harbor Cranes

BCT Gdynia Receives Two LHM 550 Harbor Cranes

Jonathan Oak Appointed as Senior War Underwriter at NorthStandard

Jonathan Oak Appointed as Senior War Underwriter at NorthStandard

Subscribe for Maritime Logistics Professional E‑News

S&P 500 drops after Trump declares Iran deal is over
S&P 500 closes down after Trump declares Iran deal 'over
Etihad nearing deal to order 10 Boeing 787 jets, sources say