Netprofit surged to THB 123m ($3.8m) from a loss of THB 70m a year ago despite the January-Marchperiod typically being low season in the dry bulk sector.
Thoresen said theperformance was “the strongest second quarter result in four years of operation,on the back of improved revenue generation and continued control on costs.”
Revenue increased 65% year-on-year to THB 1.8bn partiallydriven by an increased number of vessels under operation.
Lowerdepreciation
