Nasdaq-listed Euroseas, an owner of 14 intermediate and feeder containerships, reported burgeoning profit for the second quarter, which it expects to continue growing in the future.
Net income attributable to common shareholders jumped to $7.6m from $1.1m in the same year-ago period.
The result is mostly due to rampant containership freight rates. Revenue rose by more than one-third to $18.3m
