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Article: Jinhui Shipping and Transportation Ltd issues profit warning.(Brief Article)
- Article from:
- Nordic Business Report
- Article date:
- July 20, 2004
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NORDIC BUSINESS REPORT-20 July 2004-Jinhui Shipping and Transportation Ltd issues profit warning(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com
The Bermuda-based, Oslo-listed shipping company Jinhui Shipping and Transportation Ltd issued on Tuesday (20 July) a profit warning for the financial periods January-June 2004 and April-June 2004.
The company said that due to the realized losses incurred from and the provisions to be made for the unrealized losses from certain forward freight agreements (FFA) it had entered into since January 2004, the interim results for the second quarter 2004 and six months ...