The bulker owner, which TradeWinds newspaper reported today is set to close some offices, posted a loss of THB 103.2m ($2.9m) in the three months to the end of June.

This marked a swing from the THB 79.4m profit recorded at the same stage of last year.

Total revenue of THB 1.21bn for the quarter was less than the THB 1.74bn posted during the second quarter of last year.

Its