Japan’s Iino Kaiun Kaisha saw net profit slashed in the first half of the year despite a modest growth in sales.
The tanker owner is, however, looking forward to a better full-year performance on its bottom line although the top line will be further challenged.
Bet profit for the six months to the end of September hit JPY 364m ($4.51m) as against JPY 608m a year earlier.
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