Services :: Shipping
Stolt-Nielsen's first-quarter earnings rise
1:06 PM MDT | April 3, 2014 | Ian Young
Stolt-Nielsen says its net profit for the first quarter of 2014 soared to $19 million from $1 million in the corresponding period of 2013, on revenue of $517 million, down from $519 million one year earlier. First-quarter 2014 operating profit was $46 million, up from $33 million in the year-ago quarter. The net profit figure includes a dilution gain of $8 million on share transactions related to Stolt's investment in liquefied petroleum gas shipping joint venture Avance Gas Holding Ltd. (Hamilton, Bermuda). However, Stolt's earnings and sales declined in the...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee