Bahri has reported a blockbuster result for the second quarter.
Saudi Arabia's national shipping company said on Monday its profit for the period came in at nearly SAR 761m ($203m), which represents growth of 1,569% year-over-year and its best-ever quarterly result.
Chief executive Abdullah Aldubaikhi attributed the performance to improvement in "operational profitability", even as tankers — the company's biggest segment — have languished in recent weeks.
