Royal Arctic Line maintains expectations despite larger deficit

Greenlandic liner company Royal Arctic Line maintains its forecast for a 2018 profit, even thouhg the the deficit in the first half of this year was bigger than in the same period in 2017.

Photo: PR

Greenlandic container carrier Royal Arctic Line (RAL) finished the first half of 2018 with a deficit that was larger than in the same period last year.

The DKK 54 million (USD 8.23 million) deficit before taxes is DKK 14 million bigger than in the same period last year, however "slightly better" than the carrier expected. RAL maintains its 2018 expectations to for a positive bottom line, according to its report.

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