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

How JobMarineMan Is Building a Direct Crew Recruitment Ecosystem

How JobMarineMan Is Building a Direct Crew Recruitment Ecosystem

Baltic Index Reaches One-Week High on Higher Capesize Rates

Baltic Index Reaches One-Week High on Higher Capesize Rates

NYK Group’s ICO Launches Belgium’s First Shore Power Facility for RoRo Ships

NYK Group’s ICO Launches Belgium’s First Shore Power Facility for RoRo Ships

BMT, Austal Sign Engineering Alliance to Support Shipbuilding Projects

BMT, Austal Sign Engineering Alliance to Support Shipbuilding Projects

Subscribe for Maritime Logistics Professional E‑News

European shares fall as markets ponder hawkish US Federal Reserve
Zambia and the US increase use of $491 Million grant programme for critical metals infrastructure
Senator calls on FAA to refuse White House pressure and approve Trump arch