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1st Quarter report 2016

12.05.2016
Solvangs 1st quarter report 2016 has now been released.

Highlights;
  • Earnings from shipping activities of NOK 47.7 million, up from NOK 32.8 million in first quarter 2015.
  • Earnings from ship owning companies of NOK 45.5 million, up from 27.7 million in first quarter 2015.
  • Earnings before tax of NOK 47.7 million, up from NOK 35.4 million in first quarter 2015.
  • Successful consolidation of multiple ship owning companies to increase efficiency and cash-pooling.
  • Successful refinancing of LGC ship owning company
  • 882 days without lost time incidents (LTI), and only 4 LTI in the last 8 years.
Report 1st Quarter 2016


 
 
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