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Article: A/S Dampskibsselskabet TORM posts Q3 operating profit of USD119.6m.(Financial report)(Brief article)

Article from:
Nordic Business Report
Article date:
November 21, 2008
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NORDIC BUSINESS REPORT-21 November 2008-A/S Dampskibsselskabet TORM posts Q3 operating profit of USD119.6m(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Danish shipping company A/S Dampskibsselskabet TORM (OMX Copenhagen:TRMD) published its third quarter report on Friday (21 November), posting an operating profit of USD119.6m, as compared to USD48.1m in the third quarter of 2007.

Net revenues amounted to USD336.6m, up from USD208.1m in the third quarter last year.

Earnings per share (EPS) amounted to USD1.30, as compared to USD0.50 in the third quarter last year.

"Although the product tanker market, TORM's principal business ...

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