LOGO
LOGO

Quick Facts

Clarkson H1 Profit Rises - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Shipping services group Clarkson Plc. (CKN.L) Wednesday reported increased profit for the first half of the year, despite a marginal drop in revenues.

Profit before taxation rose to 14.7 million pounds from 13.5 million pounds. Adjusted pre-tax profit was 11.0 million pounds, while it totaled 13.5 million pounds last year.

Profit attributable to equityholders of the parent was 10.0 million pounds compared to 9.8 million pounds last year. Earnings per share rose to 53.5 pence from 52.3 pence.

Revenue slid to 88.0 million pounds from 88.6 million pounds.

The company's board has declared an interim dividend of 18 pence per share, unchanged from last year.

Commenting on current trading, the firm said that the global economic slowdown and political uncertainty overshadow its industry. Rates remain under pressure and the supply/demand imbalance continues to be a major factor as more ships are delivered to market.

''Overall activity in the capital markets remains low and availability of debt for clients is increasingly challenging,'' it added.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

RELATED NEWS
Latest Updates on COVID-19