Independent journal on economy and transport policy
18:11 GMT+1
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MISC has closed second trimester 2012 with an increment of 31.1% of the profit of the running activities
The revenues are diminished of 4.0%
August 17, 2012
The shipowning society malaysian MISC has closed the second trimester of this year with a profit of the activities currents of 481,5 billion ringgit (154 million dollars), with an increment of 31.1% regarding 367,2 billion ringgit in the correspondent period of 2011. The results do not include the stopped operating activities, that is the line services that MISC has recently decided to suspend ( on 24 November 2011). These last activities have generated in according to trimester of a 2012 loss of 45,0 billion ringgit respect to a loss of 177,6 billion ringgit in the period April-june last year. The profit clearly of according to enclosed trimester of this year discontinued operations is piled to 436,7 billion ringgit, in increase of 130.0% regarding 189,9 billion ringgit in according to trimester of 2011.
The quarterly relation on June 30, 2012 of the MISC, reported to the continuing operations, shows revenues for 2,486, 6 billion ringgit, with a bending of 4.0% on the trimester April-june last year, and an operating profit of 553,5 billion ringgit (+41.3%). The semiannual relation on June 30, 2012 records a profit of the activities currents of 609,5 billion ringgit (+53.7% on the first half of 2011), an operating profit of 883,0 billion ringgit (+9.6%) and revenues for 4,791, 0 billion ringgit (- 6.1%).
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