Trafigura net profit, equity drops after Mongolia fraud

Capt. John

Global commodity trading house Trafigura saw a sharp drop in its earnings for 2024 and has revised down its equity and profits for previous years after it discovered a billion-dollar oil fraud in Mongolia, the company said on Friday. Earnings dropped by 60% on the year in 2024 to $2.8 billion, the...

https://www.hellenicshippingnews.com/trafigura-net-profit-equity-drops-after-mongolia-fraud/

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