Independent journal on economy and transport policy
08:35 GMT+2
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STX Pan Ocean reduces the liabilities
In the period April-june the revenues of the South Korean company are diminished of 31.8%
August 14, 2013
In according to trimester of the 2013 revenues of STX Pan Ocean they are diminished of 31.8% coming down to 856 million dollars respect to beyond 1,2 billion dollars in the correspondent period last year. The decrease - it has explained today the company of South Korean navigation - is determined mainly by the bending of the hires. STX Pan Ocean has recorded an analogous decrease (- 33.3%) of the operating costs that have been attested to 836 million dollars, reduction - has specified the company - that he is attributable above all to the contraction of the expenses for the chartering of ships. The operating result has been of sign negative for -13 million dollars respect to operating liabilities of -25 million dollars in according to trimester of 2012. STX Pan Ocean has archived item the second trimester of this year with a net loss of -24 million dollars respect to a net loss of -84 million dollars in the same period of 2012.
In the first half of the 2013 South Korean company it has totaled a net loss of -91 million dollars on revenues for 1,9 billion dollars respect to a net loss of -187 million dollars on revenues for 2,3 billion dollars in the first semester last year. The operating result has been negative for -89 million dollars respect to a result negative for -138 million dollars in the first six months of 2012.
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In according to trimester of the 2013 revenues of STX Pan Ocean they are diminished of 31.8% coming down to 856 million dollars respect to beyond 1,2 billion dollars in the correspondent period last year. The decrease - it has explained today the company of South Korean navigation - is determined mainly by the bending of the hires. STX Pan Ocean has recorded an analogous decrease (- 33.3%) of the operating costs that have been attested to 836 million dollars, reduction - has specified the company - that he is attributable above all to the contraction of the expenses for the chartering of ships. The operating result has been of sign negative for -13 million dollars respect to operating liabilities of -25 million dollars in according to trimester of 2012. STX Pan Ocean has archived item the second trimester of this year with a net loss of -24 million dollars respect to a net loss of -84 million dollars in the same period of 2012.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
