Maersk 2008 H1 net profit rises 22.8%

Danish shipping and oil group AP Moller-Maersk is expected to post a 22.8 percent rise in half-year 2008 net profit, driven by its oil and gas division, according to a Reuters poll on Friday. The average forecast in the poll of 15 analysts was for a net profit of krone10.2 billion (Dh7.4bn) compared with krone 8.3bn in the corresponding period last year. The company is expected to post a rise of 15.5 per cent in... [read full story]