The Belgian operator turned in a consolidated result of $14.2m for the three months to 31 March, versus a gain of $65.8m in the comparable period a year prior.
In the company’s first-quarter earnings report it reminded investors that the profit posted 12 months ago included a capital gain of $52.8m from the sale of a stake in Exmar LPG.
At the start of 2014, turnover fell to $46.5m