ShippingWatch

Danish Ship Finance makes USD 149 million profit

Danish Ship Finance grew its profit after taxes significantly in the first half of 2014. Increased repayment on loan impairments drives improvements.

Photo: Danmarks Skibskredit PR

Danish Ship Finance saw its profit soar in the first half of the year, where the bank achieved a profit before taxes of USD 149 million - a significant improvement over the same period last year, where the result was USD 19.7 million, according to the interim report.

This development is caused by one factor in particular, says Danish Ship Finance:

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Shipping in a safe position despite shaky world economy

Container carriers are facing a couple of difficult years, but otherwise the shipping industry looks set to do well despite dark clouds over the world economy, according to shipping analyst. ”Right now, most companies are making a lot of money.”

Further reading

Related articles

Latest news

See all jobs