August 28, 2014 / 7:11 AM / 3 years ago

Shipping firm Frontline 2012 Q2 beats forecasts

OSLO, Aug 28 (Reuters) - Shipping firm Frontline 2012 , created from the restructuring of Frontline two years ago, said its third-quarter operating result may improve as it reported better-than-expected second-quarter results on Thursday.

The company reported a second-quarter net profit of $137 million, against expectations for $49 million in a Reuters poll of analysts, up from $38 million at the same time a year ago. (Reporting by Gwladys Fouche, editing by Ole Petter Skonnord)

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