ShippingWatch

HSH Nordbank profit triples in first quarter

One of the worlds biggest shipping lenders generated a pre-tax profit of EUR 354 million in the first three months of 2014

Photo: HSH Nordbank

HSH Nordbank, one of the worlds biggest shipping lenders, generated a pre-tax profit of EUR 354 million in the first three months of 2014 against EUR 71 million in first quarter 2013.

After taxes, the Bank posted consolidated net income of EUR 213 million (previous year: EUR 74 million). Outlook for 2014 as a whole remains unchanged. The Bank projects a profit before and after taxes, the bank stated Friday.

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
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs