Stolt Nielsen reports 'weakened' results

Transportation

Thursday, October 04, 2012

Stolt Nielsen said it had a net profit of $6.7 million in the third quarter ending Aug. 31, compared to $22.2 million in the same period a year earlier. Operating revenue was $516.4 million in the third quarter of this year, compared to $529.8 million in the third quarter of 2011. Stolt Nielsen is a diversified company whose operations include parcel tankers, tank terminals, tank containers, and aquaculture. It is also a partner in a company that owns eight very large...

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