Chilean Ultrabulk, which is based in Gentofte near Copenhagen, achieved a slight operating profit (EBITDA) of USD 1.1 million, and a bottom line deficit of USD 800,000 in the first half of 2015, a period that brought a significant decline in revenue.
"The market in the first half of 2015 proved tougher than expected, but with a fairly balanced book we were able to limit the negative impact," says Ultrabulk CEO Per Lange in a comment on the second quarter interim report.
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