Independent journal on economy and transport policy
16:54 GMT+1
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First trimester in loss for the Asian companies MISC, RCL and STX Pan Ocean
Decreasing it is the revenues that the costs
May 16, 2012
As numerous other shipowning societies of the E region the world three Asian companies MISC, Régional Container Linens (RCL) and STX Pan Ocean have closed the first trimester of this year having accused emphasized losses.
Malaysian MISC has totaled a net loss of 409,8 million ringgit (133 million dollars) respect to a net loss of 210,0 million ringgit in the first three months of 2011. The revenues are diminished of 17.8% attesting itself to 2.403, 9 million ringgit so as are come down the costs, which dropped of 11.8% to 2.136, 7 million ringgit. The operating profit is piled to 12,2 million ringgit (- 93.2%).
The Régional Thai Container Linens has concluded the first trimester of 2012 with a net loss of 494,1 million baht (16 million dollars), with an improvement regarding the net loss of 714,3 million baht in the correspondent period last year. Also RCL has recorded a bending is of the revenues that of the costs, diminished respective of 4.2% and the 8,5 to 3.387, 3 million baht and 3,889, 1 million baht. The profit before taxes has been negative for 489,7 million baht respect to liabilities of 706,7 million baht in the first three months of 2011.
The STX Pan Ocean South Korean has archived item the first trimester of this year with a net loss of 103,7 million dollars respect to a net loss of 48,5 million dollars in the same period of 2011. Revenues and costs are diminished respective of 10.5% and 5.5% to 1.088, 5 million dollars and 1,169, 7 million dollars. The operating result has been negative for 117,0 million dollars respect to operating liabilities of 37,4 million dollars in the first three months last year.
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