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Nanjing Tanker's net profit rose 108% in the first half of 2022

On July 21, Nanjing Tanker Corporation released its 2022 semi-annual performance report. In the first half of the year, the company achieved operating income of 2.55 billion yuan, a year-on-year increase of 35.09%. Net profit was 433 million yuan, a year-on-year increase of 108%.
 
For Nanjing Tanker, the market conditions in the first half of this year can be described as a rare good situation in its operation in the past years.
 
Since April this year, Nanjing Tanker Corporation's share price has also risen significantly. Data shows that since the low point on April 27, Nanjing Tanker’s share price has risen by 101.7%.
 
During the period, the company also mentioned many times in the risk warning announcement that the international oil price has risen sharply, and the freight rate of the company's foreign trade business has risen significantly.
 
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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