Wilh. Wilhelmsen profit nose-dives

Norway’s Wilh. Wilhelmsen reported first-quarter net profit of $1.6 million, down 95 percent from $35.9 million a year earlier. The Oslo-based vehicle and project cargo carrier said the decline reflected a rise in net financial expenses to $55.5 million in the first quarter from $11.4 million last year. But it said 67 percent of the [...]

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