Independent journal on economy and transport policy
11:42 GMT+1
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Clearly improvement of the economic results of the shipowning group Yang Ming
The quarterly operating result returns of positive sign
November 2, 2012
The shipowning group Yang Ming has considerably increased the last quarterly profit clearly closing the period July-september of this year with a clearly positive result for 2,7 billion dollars of Taiwan (USA 92 million dollars) respect to a profit of 191 million dollars of Taiwan in the quarter precedence and to a result clearly negative for 2,7 billion dollars of Taiwan in the third trimester of 2011.
Also the revenues have recorded a decided increase having attested itself to 31,1 billion dollars of Taiwan, with a +22.3% regarding 25,4 billion dollars of Taiwan in the period July-september last year. Moreover, after six consecutive trimesters concluded yourself less with an operating result of sign, in the third trimester of the 2012 group has achieved an operating profit of 2,1 billion dollars of Taiwan respect to operating liabilities of 2,8 billion dollars of Taiwan in the correspondent period last year.
Yang Ming last year has archived item the first nine months of the 2012 with a net loss of 2,5 billion dollars of Taiwan on revenues for 80,0 billion dollars of Taiwan respect to a net loss of 5,3 billion dollars of Taiwan on revenues for 73,5 billion dollars of Taiwan in the period January-september. The operating result has been negative for 5,5 billion dollars of Taiwan respect to operating liabilities of 6,0 billion dollars of Taiwan in the first nine months of 2011.
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