However, the company adds that it is not obligated to do quarterly reporting and is only providing this profit in "the spirit of good corporate governance and transparency."
Samudera Shipping warns that both revenue and earnings for its 3QFY2023 are lower y-o-y, due to a "decline in the general market demand which resulted in lower container volume handled and freight rates year-on-year."
The freight rate level is likely to continue for the rest of the financial year, the Indonesia-based, Singapore-listed shipper warns on Oct 30.
