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Höegh LNG delivers USD 2.5 million profit

Norwegian Höegh LNG delivered a profit of USD 2.5 million after tax in the third quarter. This is a step back from the second quarter of this year, while operating profit (EBITDA) went up. Accounting faults in Indonesia are costing millions.

Photo: Höegh LNG

Tanker carrier Höegh LNG delivered a net profit of USD 2.5 million in the third quater. This is a setback compared to the previous quarter, where the result was USD six million, but a clear improvement when compared with the same period last year, where the carrier suffered a deficit of USD 18.1 million, according to Höegh LNG's third quarter interim report on Monday.

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