Article: Norwegian Belships Q2 '09 pre-tax profit down to USD 300,000.(Financial report)

Article from:
ADP News Nordic
Article date:
August 21, 2009
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(ADPnews) - Aug 21, 2009 - Norwegian dry-bulk shipping company Belships ASA (OSL:BEL) said yesterday its pre-tax profit dropped to USD 300,000 (EUR 261,000) in the second quarter of 2009 from USD 4.5 million a year earlier.

The company's operating profit shrank to zero in April to June 2009 from USD 4.9 million in the corresponding period of 2008. Second-quarter operating revenue halved to USD 13.2 million from USD 25.7 million. The reduction in the operating profit and ...

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