Independent journal on economy and transport policy
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Worsening the quarterly results of the Indiana company SKI
The period July-september has been archived item with a net loss almost 3,0 billion rupees
November 8, 2012
In the third trimester of this year the shipowning group Shipping Corporation of India (SKI) has recorded a net loss almost 3,0 billion rupees (55 million dollars) respect to a net loss of 1,4 billion rupees in the correspondent period of 2011. The revenues are increased of 13.1% 10,3 billion to rupees and the operating result has been negative for 1,6 billion rupees respect to a result negative for 269 million rupees in the third trimester last year.
In the single segment of the marine bulk transport the group has totaled liabilities before the taxes of 1,3 billion rupees on revenues for 7,2 billion rupees respect to liabilities before the taxes of 437 million rupees on revenues for 6,5 billion rupees in the third trimester of 2011. In the field of the marine transport of container SKI July-september has recorded a net loss of 742 million rupees on revenues for 2,6 billion rupees respect to a net loss of 16 million rupees on revenues for 3,5 billion rupees in the period last year.
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