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

Green Shipping Service Launched in Singapore

Green Shipping Service Launched in Singapore

Tuapse Port Fire Extinguished Days After Ukrainian Drone Attack

Tuapse Port Fire Extinguished Days After Ukrainian Drone Attack

Port of Antwerp-Bruges Reports Weak Start to the Year

Port of Antwerp-Bruges Reports Weak Start to the Year

Hydrogen Fuel Cell Harbor Craft Pilot Study Launched in Singapore

Hydrogen Fuel Cell Harbor Craft Pilot Study Launched in Singapore

Subscribe for Maritime Logistics Professional E‑News

Paytm's India falls over 8% as RBI cancels its banking licence for the payments bank
Turkish BOTAS investment will increase Ceyhan crude oil production to 45 million barrels, according to a newspaper
Lavrov, the Russian Foreign Minister, says that US is ignoring international conventions and pursuing its own interest