Paramount Trading Company's net profits dropped by 50 per cent to nine million dollars on revenues of $409 million during the third quarter, which ended in February.
This in comparison to 18 million dollars during the corresponding period last year.
But the company recorded a loss of $43 million on revenues of $1.2 billion during the nine-month period ending February, compared with a profit of $100 million during the nine month period, which ended in February 2024.