BRUSSELS, August 27 (Reut-bers) - Belgian crude oil transporter Euronav slashed its interim dividend on Thursday while releasing downbeat final first-half results.
The company, which is based in Antwerp, said its board had proposed a gross dividend of 0.10 euro, against the 1.00 euro it paid out a year ago.
Euronav's final results were similar to the interim figures published a month ago, although turnover was somewhat lower.
The company's net profit slumped to $27.0 million from $205.3 million in the first half of 2008 because reduced crude demand depressed tanker rates. (Reporting by Philip Blenkinsop; Editing by Rupert Winchester)