Independent journal on economy and transport policy
18:42 GMT+1
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Rise of the economic results of Wan Hai Lines in according to trimester
Still down the volume of transactions
September 5, 2012
After five trimester consecutive in which the operating result has been of sign negative, in according to trimester of this Wan Hai Lines year it is returned to the operating profit also continuing to record a bending of the volume of transactions for the fourth consecutive trimester. The navigation company, than work services of line mainly in the Far East and the Asian south-east with lines that touch also Europe, the Middle East and the North and South America, has closed the period April-june of 2012 with a profit clearly of 1,17 billion dollars of Taiwan (USA 39 million dollars) respect to a net loss of 291 million dollars of Taiwan in according to trimester last year. The revenues are diminished of 8.9% attesting itself to 15,01 billion dollars of Taiwan. Consisting the cost reduction, come down of 21.0% to 13,20 billion dollars of Taiwan. The operating profit is piled to 1,39 billion dollars of Taiwan respect to a result negative for 666 million dollars of Taiwan in the period April-june of 2011.
In entire the first semester of 2012 Wan Hai Lines it has totaled a profit clearly of 800 million dollars of Taiwan, with an increment of 954.3% on the first half last year. The revenues have been pairs to 28,60 billion dollars of Taiwan (- 10.9%), the operating costs to 26,49 billion dollars of Taiwan (- 17.5%) and the operating result has been positive for 1,27 billion dollars of Taiwan respect to a result negative for 865 million dollars of Taiwan in the first six months of 2011.
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