9-month report
10/22/1998 5:18 AM EST
INTERIM REPORT CONCORDIA MARITIME AB
* Profit from ship operation was MSEK 112.3 (92.8)
* Very good freight rates for Concordia's large tankers so far this year: USD
28,100 (24,800) per day for its VLCCs and USD 37,400 (31,200) for its ULCCs
* Falling freight markets since September.
* The forecast full-year profit has thus been readjusted from MSEK 130 to
approx. MSEK 112
* Net worth per share after full conversion is SEK
28.2 (29.01)
* Continued good ship operation with low costs and high quality
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