Aegean Marine Petroleum Network’s bottom line flipped to the black in the third quarter as the bunkers supplier improved its earnings per tonne sold grew.
The Peter Georgiopoulos-led company reported net income of $6.8 during the period, turning around a $4.35m loss a year earlier.
With non-cash items excluded, the result translated into adjusted earnings per share of $0.25, a penny better than the average analyst estimate.
The
