Solvang reported a strong gain in second-quarter profit thanks to the sale of a stake in one of its ship owning companies.
The Edvin Endresen-led gas carrier owner reported earnings from shipping activities, which includes both its ship owning and ship management businesses, of NOK 52m ($6.25), a 46% increase over last year. Earnings per share were up 64% of NOK 2.3m.
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