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

Odesa Port Damaged in Lethal Attacks

Odesa Port Damaged in Lethal Attacks

BHP Port Unions Strike at Port Hedland

BHP Port Unions Strike at Port Hedland

Black Sea Shipping Flows Despite Security Concerns

Black Sea Shipping Flows Despite Security Concerns

Iran Ties Hormuz Reopening to US Concessions

Iran Ties Hormuz Reopening to US Concessions

Subscribe for Maritime Logistics Professional E‑News

China closes its ports before Typhoon Dolphin reaches Japan's Okinawa
Australia investigates the near-miss collision between two planes at Sydney Airport
FleetPartners Australia soars 8 1/2 years high after a steeper takeover bid