Independent journal on economy and transport policy
03:38 GMT+1
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In the 2010 result clearly of shipowning group NSCSA it has grown of 11.3%
The revenues are increased of 22.8%
February 4, 2011
In the exercise anniversary the 2010 shipowning group Saudi The National Shipping Company of Saudi Arabia (NSCSA) has recorded a profit of clearly 411 million riyal (110 million dollars) on revenues for 2.053 million riyal, with increments respective of 11.3% and 22.8% on the exercise precedence. The operating profit is piled to 347 million riyal (+25.1%).
In the last trimester last year the group has totaled a profit of clearly 51 million riyal on revenues for 469 million riyal regarding 55 million riyal on revenues for 442 million riyal in the fourth trimester of 2009. The operating profit has been of 30 million riyal (- 41.7%).
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