Paramount Trading reports sharp improvement in earnings

Paramount Trading Company is reporting a sharp improvement in earnings for the second quarter of its 2025 TO 2026 financial year.

The company posted net profit of $41.9 million on revenues of $385.7 million and other operating income of $36.8 million.

Directors say the company's book value — assets minus liabilities — stood at $1.7 billion at the end of the quarter.

This represents a significant turnaround, compared with the corresponding period last year, when Paramount recorded net profit before tax of $10.8 million, on revenues of $399.4 million and other operating income of $1.9 million.