Commodities trading house Trafigura reported a 53% decline in net profit for the first half of fiscal 2018, despite a 'strong performance' from its metals and minerals trading division.
Trafigura's total profit across all divisions for the six months ended March 31, 2018, fell to $221.8 million, compared with $470.5 million in the same period a year ago, the company announced on Wednesday June 13.The company attributed the fall in profitability primarily to the oil market shifting...