Navios Maritime Holdings has reported a second-quarter profit that was slimmer than numbers from a year ago for its interests in a South American logistics business and bigger spin-off Navios Maritime Partners.
Navios Holdings reported net income of $15.48m or $0.27 per share, down from $16.03m or $0.47 per share for the second quarter of 2022.
The company is little followed by equity analysts since selling off its fleet of 36 bulkers to Navios Partners in September 2022, and there was no consensus benchmark available from researchers.
