Belships ASA posts Q3 operating profit of USD7.46m

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31 Oct 2008

belships.jpgNorwegian shipping company Belships ASA issued its third quarter report, posting an operating profit of USD7.46m, as compared to USD2.72m in the third quarter of 2007. Operating revenues amounted to USD22.57m, up from USD15.32m in the third quarter last year. Earnings per share amounted to USD0.20, up from USD0.08 in the third quarter last year.
Belships, headquartered in Oslo, Norway, is a shipping company active within dry cargo, petroleum product tankers and technical management. The company reported revenue of USD67m in 2007.
One British pound (GBP) is worth approximately 1.60 US dollars (USD).

Source: Trading Markets

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