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Bahri’s quarterly profit jumps 891% as freight rates climb

Arab News ·
Bahri’s quarterly profit jumps 891% as freight rates climb

RIYADH: Saudi shipping company Bahri’s third-quarter net profit surged nearly ninefold to SR5.09 billion ($1.36 billion), up 890.7 percent year on year, driven by higher freight rates and increased activity in its oil tr

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