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

AD Ports Group Launches Joint Venture Noatum ‎Ports – Maqta Ayla Digital Solutions

AD Ports Group Launches Joint Venture Noatum ‎Ports – Maqta Ayla Digital Solutions

DNV Verifies Lifting System for Immersed Tunnel

DNV Verifies Lifting System for Immersed Tunnel

AD Ports Group Enhances Al Faya Dry Port’s Integration with the Global Trade and Logistics Ecosystem

AD Ports Group Enhances Al Faya Dry Port’s Integration with the Global Trade and Logistics Ecosystem

Schipper Takes the Helm of Netherlands Coast Guard

Schipper Takes the Helm of Netherlands Coast Guard

Subscribe for Maritime Logistics Professional E‑News

European shares fall as markets ponder hawkish US Federal Reserve
The PM has announced that the second LNG-ice-class ship of Russia is now ready for service.
Data shows that three supertankers with Saudi flags sail through Hormuz following the signing of Iran deal