While key product tanker companies reported high earnings in 1H20, stock price returns of these companies continue to be negative YTD. Net earnings of key product tanker companies in 1H20 were higher than full-year net income since 2016. We decode this ongoing weakness in share prices in the following sections. Robust earnings in 1H20 Following …
The post Lacklustre returns for product tankers despite record earnings first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/lacklustre-returns-for-product-tankers-despite-record-earnings/