On July 7, Nanjing Tanker Corporation released an announcement on pre-increase in its semi-annual performance. It is expected that the net profit attributable to shareholders of listed companies in the first half of the year
will be 400 million to 470 million yuan, a year-on-year increase of 92.16% to 125.79%.
Nanjing Tanker Corporation said that the main reasons for the pre-increase in performance include that since the outbreak of the Russian-Ukrainian conflict, the effective supply of the market has dropped significantly,
the international product oil shipping rate has risen sharply, and the company's foreign trade business revenue has increased significantly.
As of the close on July 7, Nanjing Tanker Corporation fell 5.68% to 3.32 yuan, with a turnover of 1.063 billion yuan.
Source: Xinde Marine News Sarah Yu
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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