Norway: BW LPG reports net loss for Q2 201725.08.2017 Norway: BW LPG reports net loss for Q2 2017
Hegnar Online, 25 Aug 2017, online:-
Norwegian LPG carrier company BW LPG has published its financial report for Q2 2017. The company reports a net loss of USD 7mn (EUR 5.95mn) from a net loss of USD 55.6mn posted a year earlier, while EBITDA decreased to USD 39.6mn from USD 52.3mn. EBIT increased to USD 5.1mn from a negative USD 48.9mn. BW LPG further reports increased operating revenue to USD 131.7mn from USD 121.8mn, while TCE income decreased to USD 91.4mn from USD 99.4mn.
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