The Hong Kong-listed entitytold investors that this would mark a reversal of the loss seen for the sameperiod last year.
Theforecasts were based on a preliminary review of the group’s unauditedmanagement accounts, the shipowner said.
Brightoilsaid the turnaround is due to several factors including improvements in theshipping and bunker sectors.
Italso pointed to the successful implementation of operating cost reductionmeasures across the group as a whole.
Brightoil
