Frontline books profit despite more than halving the top line

In what has been a difficult first quarter for tanker carriers, John Fredriksen's Frontline comes out with a profit despite more than halving the top line. The coronavirus pandemic is a continuing source of uncertainty, says CEO.

Photo: Frontline

Tanker company Frontline, controlled by John Fredriksen, comes out of the first three months of the year with black numbers on the bottom line.

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