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

Victoria International Container Terminal Deploys Hybrid Automatic Container Carriers

Victoria International Container Terminal Deploys Hybrid Automatic Container Carriers

Damen Expands Combi Freighter Series

Damen Expands Combi Freighter Series

Eisenheim Takes the Helm at Shipbuilder Neptun Werft

Eisenheim Takes the Helm at Shipbuilder Neptun Werft

Vice Admiral Bob Sharp Appointed as Windward Chief Maritime Intelligence Officer

Vice Admiral Bob Sharp Appointed as Windward Chief Maritime Intelligence Officer

Subscribe for Maritime Logistics Professional E‑News

India's fuel consumption outlook is affected by price increases and slowing industrial activity
Lebanon audits MEA Safety as Pilot Groups Voice Conflict Concerns
Shein fined $26 Million by France for violating consumer rules; Shein will challenge