PVT - Contribution of new tankers drives Q1 profit, as expected - Earnings Flash
  • 2022-04-27T00:00:00
  • Company Research

PVT released Q1 2022 results with revenue and recurring NPAT-MI rising 17.8% YoY and 16.5% YoY, respectively, as they were driven by 1) contributions from new tankers acquired in H2 2021 and 2) a recovery of transportation demand. Reported NPAT-MI increased only 11.8% YoY as there was no one-off profit from tanker liquidation in Q1 2022.


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