Independent journal on economy and transport policy
10:28 GMT+2
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Wan Hai Lines has closed first trimester 2013 in profit
The revenues are diminished of 5.5%
May 21, 2013
The budget of the first trimester 2013 of the shipowning society Wan Hai Lines (WHL) of Taipei, introduced for the first time on the base of accounting principles international IFRS, clearly anticipates a profit of 133,3 million dollars of Taiwan (about four million USA dollars) respect to a net loss of -404,2 million dollars of Taiwan in the first three months last year.
The revenues are piled to 13,87 billion dollars of Taiwan, down of 5.5% regarding the first trimester of 2012; in the voice of the other revenues and proceeds of first trimester 2013 they figure ulterior returns for 419,0 million dollars of Taiwan, between which those determining from the cession of ships, against a correspondent voice that records losses for -3,4 million dollars of Taiwan in first trimester 2012.
In the first three months of this year the operating costs of the company are diminished of 7.4% attesting itself to 13,12 billion dollars of Taiwan. The operating result has been of sign negative for -89,5 million dollars of Taiwan respect to an operating result negative for -330,7 million dollars of Taiwan in the first three months last year.
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The budget of the first trimester 2013 of the shipowning society Wan Hai Lines (WHL) of Taipei, introduced for the first time on the base of accounting principles international IFRS, clearly anticipates a profit of 133,3 million dollars of Taiwan (about four million USA dollars) respect to a net loss of -404,2 million dollars of Taiwan in the first three months last year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
