Hanjin Shipping reduces the losses



The result clearly of the fourth trimester of 2012 of Hanjin Shipping is returned to being newly of sign negative, but the consistency of the liabilities is inferior to that recorded in the correspondent period of the year precedence. The company of South Korean navigation last year has in fact archived item the period October-December with a net loss of 251,1 billion won (231 million dollars) respect to a net loss of 323,3 billion won in the fourth trimester of 2011. The revenues have grown of 7.8% attesting itself to 2.573, 0 billion won and the operating result has been of sign negative for 60,9 billion won respect to operating liabilities of 150,4 billion won in the last trimester of 2011.

In the single segment of the containerized transport, in the fourth trimester of 2012 Hanjin Shipping has recorded operating liabilities of 72,2 billion won on revenues for 2,120, 6 billion won respect to operating liabilities of 173,4 billion won on revenues for 1,903, 9 billion won in the correspondent period of the year precedence. In the last trimester last year the fleet of portacontainer of the company has transported cargo volumes pairs to 1,15 million container teu (+10.7%). In the fourth trimester of the 2012 division of transport bulk of the company it has totaled an operating profit of 700 million won on revenues for 351,5 billion won respect to an operating profit of 17,4 billion won on revenues for 371,4 billion won in the same period of 2011.

In the entire exercise anniversary 2012 Hanjin Shipping it has recorded a net loss of 638,0 billion won respect to a net loss of 823,9 billion won in exercise 2011. The revenues are increased of 11.2% to the quota record of 10.589, 4 billion won and the operating result has been of sign negative for 109,8 billion won respect to operating liabilities of 512,9 billion won in 2011.

Last year the fleet of portacontainer of the South Korean company has transported containerized volumes pairs to 4,48 million teu (+7.4%) generating revenues for 8,722, 1 billion won (+14.5%) and operating liabilities of 162,8 billion won respect to operating liabilities of 563,7 billion won in 2011. In the 2012 activity of transport bulk it has generated revenues for 1,452, altogether 5 billion won (- 6.5%) and an operating profit of 19,2 billion won (- 61.0%).

For the next Hanjin Shipping months it previews an increase of the profits in the segment of the containerized transport. If on one side it will continue to sussistere the excess of offer of the determined world-wide fleet of portacontainer from the breaking in on the market of new ships of large-capacity - it has explained the company - from the other the resumption of the economies of the USA and China and the stabilization of the crisis financial institution in Europe will allow an increase of the traffic volumes. Moreover they will have a positive effect the adoption of timely rises of the hires and measures of cost reduction. A rise of the results is attended also for the transport division bulk. On such bases, Hanjin Shipping previews to conclude exercise 2013 with a result of positive sign clearly.