Another Commodity Trader Reports Record Profits In 2022 ...Middle East

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Another Commodity Trader Reports Record Profits In 2022
source : OILPRICE ( Middle East ) () 31
Gunvor reported a net profit of $2.36 billion for 2022, joining other commodity trading majors and energy companies in raking in record earnings on the back of last year’s commodity rally. Revenues stood at $150 billion, up from $106 billion a year earlier. Earlier this month, Gunvor peer Trafigura also reported a record profit for 2022, at $7 billion. This was more than double the profit from the previous fiscal year and more than all the profits from the previous three years combined. Glencore is also in the record-profits club after it…

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