Independent journal on economy and transport policy
07:25 GMT+1
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Chilean CSAV contains the losses
Attenuation of the liabilities in according to trimester of this year
September 4, 2012
The shipowning society Chilean Compañía American South de Vapores (CSAV) has archived item the second trimester of this year with revenues for 933,1 million dollars, with a bending of 19.7% regarding 1.161, 8 million dollars in the period April-june last year. Such figures do not include those generated by the agenziali, harbour and terminalistiche activities of the company that is met in the Sociedad Matriz SAAM S.A. (SM-SAAM), new constituted society on 15 February ( on 12 January 2012).
The Chilean society has announced to have recorded in according to trimester of a 2012 sensitive contraction of the operating liabilities that are piled to 61,7 million dollars regarding 381,4 million dollars in the correspondent period last year. Passive Al of according to trimester of the 2012 goes adds losses from ulterior the operating activities stopped for 75 million dollars.
The managing director of the CSAV, Oscar Hasb ún, has emphasized that the achieved operating result in according to trimester of this year is online with the forecasts formulated at the beginning of the year and has evidenced that every month the results show an improvement, trend that - it has specified - is previewed will continue in the course of the third trimester. Hasbún has found moreover that the rise of the hires happened in recent months will be reflected positively on the results of the next trimesters.
CSAV has concluded the second trimester of this year with a net loss of 140,2 million dollars, with a reduction of 60.3% regarding the loss almost 340 million dollars totaled in the period April-june of 2011.
CSAV has concluded entire the first semester of 2012 (to clearly of the results of SM-SAAM) with a net loss of 343,3 million dollars on revenues for 1,765, 2 million dollars respect to a net loss of 519,1 million dollars on revenues for 2,616, 4 million dollars. The operating costs are diminished of 38.4% to 1.765, 2 million dollars.
While in the first seven months of the 2012 fleet of the Chilean group container has transported containerized cargo volumes 1.146.100 pairs to teu, with a bending of 42.7% regarding 1.999.700 teu in the January-July period last year.
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The shipowning society Chilean Compañía American South de Vapores (CSAV) has archived item the second trimester of this year with revenues for 933,1 million dollars, with a bending of 19.7% regarding 1.161, 8 million dollars in the period April-june last year. Such figures do not include those generated by the agenziali, harbour and terminalistiche activities of the company that is met in the Sociedad Matriz SAAM S.A. (SM-SAAM), new constituted society on 15 February 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
