Tokyo-listed Inui Steamship posted a first half loss against the backdrop of a tough dry bulk market.

Inui: braced for full-year loss

The MOL subsidiary recorded a negative JPY 49m ($630,000) against and JPY 1.2bn profit in the same period a year ago.

Operating profit also collapsed although, at JPY 18m, it managed to stay in the black.

Revenue held steady over the period at JPY 6.9bn.

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