Stolt-Nielsen Limited Reports Earnings Results for the Third Quarter and Nine Months Ended August 31, 2023
October 05, 2023 at 04:22 am EDT
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Stolt-Nielsen Limited reported earnings results for the third quarter and nine months ended August 31, 2023. For the third quarter, the company reported sales was USD 694.44 million compared to USD 744.05 million a year ago. Net income was USD 90.12 million compared to USD 74.72 million a year ago. Basic earnings per share from continuing operations was USD 1.68 compared to USD 1.4 a year ago. Diluted earnings per share from continuing operations was USD 1.68 compared to USD 1.4 a year ago.
For the nine months, sales was USD 2,125.02 million compared to USD 2,039.32 million a year ago. Net income was USD 198.23 million compared to USD 185.6 million a year ago. Basic earnings per share from continuing operations was USD 3.7 compared to USD 3.47 a year ago. Diluted earnings per share from continuing operations was USD 3.7 compared to USD 3.47 a year ago.
Stolt-Nielsen Limited is a long-term investor and manager of businesses focused on opportunities in logistics, distribution and aquaculture. The Companyâs portfolio consists of its three global bulk-liquid and chemical logistics businesses: Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers, Stolt Sea Farm and various investments. The Companyâs segment includes Tankers, Terminals, Tank Containers, Stolt Sea Farm and Stolt-Nielsen Gas. Stolt Tankers operates a fleet of chemical tankers, providing global transportation services for bulk-liquid chemicals, edible oils, acids and clean petroleum products. Stolthaven Terminalsâ global terminal network provides safe, storage and distribution services for chemicals, clean petroleum products, gas, vegetable oils, biofuels and oleochemicals in key markets and hubs worldwide. The Stolt Tank Containers is a provider of logistics and transportation services for door-to-door shipments of bulk-liquid chemicals and food-grade products.
STOLT-NIELSEN LIMITED 
