Oslo-based shipbroker Lorentzen & Stemoco (L&S) has posted a deeper annual loss after a challenging year in 2019
Its annual report, which is now publicly available, shows a pre-tax loss of NOK 42m ($4.5m) last year against a NOK 17m loss in 2018.
The company reported negative book equity of NOK 44m at the end of last year, against positive equity of NOK 3m a year earlier.
