Dong books USD 940 million profit in first half of 2016

After two months trading on the stock exchange, Danish utility Dong now reveals how it has fared during the first half of 2016. The booked result is USD 524 million better than in the same period last year.

Photo: /ritzau/Joachim Adrian/Arkiv

Although Danish utility Dong has not been as well off in the first half of 2016 as during the same period last year, the company is able to present a profit USD 940 million (Business Performance) on Thursday with the publication of it second quarter interim report.

In the same period in 2015, the result was USD 400 million, and so in spite of a higher revenue that year, lower depreciation and a better operating result triggered a solid profit this year.

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

Shipping in a safe position despite shaky world economy

Container carriers are facing a couple of difficult years, but otherwise the shipping industry looks set to do well despite dark clouds over the world economy, according to shipping analyst. ”Right now, most companies are making a lot of money.”

Further reading

Related articles

Latest news

See all jobs