(EnergyAsia, March 3) — Singapore-based transportation and logistics company Neptune Orient Lines said it earned net profit of US$804 million for 2005, representing a third consecutive year of strong performance despite significant cost pressures, particularly from fuel purchases. The 2005 net profit before non-recurring items of US$796 million was 3% lower than the 2004…
SINGAPORE: Transportation group NOL blames high fuel costs for dip in 2005 profits
Posted on March 3, 2006 by EnergyAsia