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16 September 2019 The on-line newspaper devoted to the world of transports 08:56 GMT+2

October 19, 2012

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Original news
Nel third trimester of the 2012 result clearly of the Bahri Saudi records a rise of 157.3%

The operating profit is piled of 111.0%

The shipowning company Saudi National Shipping Company of Saudi Arabia (Bahri) has announced to have closed the third trimester of this year with a profit of clearly 60,2 million riyal (16 million dollars), with an increment of 157.3% regarding 23,4 million riyal in the correspondent period of 2011. The operating profit is piled to 76,7 million riyal (+111.0%).

Nei first nine months of the 2012 company has totaled a profit of clearly 427,4 million riyal, with an increase of 145.0% on the period January-september last year. The operating profit has been attested to 373,2 million riyal regarding 176,6 million in the same period of 2011.

The managing director of Bahri, Saleh Nasser, has explained that the increase of the result clearly of the third trimester is determined by an increment of the profits in the field general cargo, by a reduction of the fuel consumption thanks to the slow down of the speed of the ships and by the positive results of the new Bahri Dry Bulk Company company, than Bahri has constituted in joint venture with group ARASCO ( of 17 April 2012).

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