Name | Value |
---|---|
Revenues | 398.1M |
Cost of Revenue | 220.4M |
Gross Profit | 177.7M |
Operating Expense | 25.1M |
Operating I/L | 152.6M |
Other Income/Expense | -10.5M |
Interest Income | 3.6M |
Pretax | 189.7M |
Income Tax Expense | 0.2M |
Net Income/Loss | 184.6M |
TORM plc is a global product tanker company specializing in the transportation of refined oil products and crude oil. With a fleet of approximately 85 vessels, the company primarily transports gasoline, jet fuel, and naphtha across the world. Founded in 1889, TORM plc generates revenue by providing efficient and reliable shipping services for its clients in the oil and gas industry, contributing to the global supply chain of energy products.