Major China bunkering and fuels operator Brightoil Petroleum Group on Monday gave investors a profit warning for its full year results due out in June , Seatrade Asia online reports.
Net profits are expected to "decrease significantly", due to, among other factors, a decrease in overall gross profit margin at its international supply and bunkering business.
Other reasons, included a loss on fair value change of derivative financial instruments, and an increase in overall operating costs.
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