Lloyd Fonds earned less in 2014

The German shipping investment company Lloyd Fonds did not earn as much in 2014 as in 2013, but the company is pleased with the result. The plan is still to become a listed shipping company, in spite of the first attempts failing in the spring of this year.

Lloyd Fonds, based in Hamburg and which has large investment portfolios in shipping and aviation as well as real estate, has just published its annual report for 2014.

In 2014, revenue at Lloyd Fonds came to almost USD 11 million, a drop from the previous year where revenue landed at USD 14.6 million. Income fell at the company as well to USD 879,000 in 2014, from USD 1.2 million in 2013.

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