Havila Shipping reports new large deficit

Even though Havila Shipping grew its revenue as well as operating result, the company booked a new large deficit on the bottom line for the third quarter. Altogether, the company has lost NOK 249.5 million so far in 2019.

Photo: PR/Havila Shipping

Norwegian offshore shipping company Havila Shipping booked a new deficit in the third quarter of the year.

The shipping company grew its revenue as well as operating result, which grew compared to the same period last year, from a deficit of NOK 48 million (USD 5.2 million) to a profit of NOK 11.7 million. Still, the company booked a deficit of NOK 100 million before taxes, shows the interim report.

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