Singapore-listed Chemoil reported stable third quarter earnings which did little to improve the company's bottom line.
But third quarter revenue told a different story. It came in at $2.7bn compared to $1.7bn in the same quarter last year.
Sales volume also rose from 3.8m to 4.1m tonnes over the period.
Net profit remained stable at $2.5m but operating profit jumped from $300,000 to over $5m.
Noting