Independent journal on economy and transport policy
10:28 GMT+1
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Third consecutive trimester in loss for Chinese CSCL
Revenues in light bending (- 3.5%)
October 29, 2013
66 million dollars lower Shipping Container Lines (CSCL) have archived item the period July-september of this year with a net loss of -404,0 million yuan () that it represents the third recorded consecutive quarterly liabilities from the company of Chinese navigation. In the correspondent third trimester of the 2012 CSCL had totaled a profit of clearly 991,0 million yuan.
In the third trimester of the 2013 revenues of the company they are diminished of -3,5% attesting to the 8,96 billion one yuan regarding 9,28 billion yuan in the period July-september last year. The operating costs have grown of 6.2% to 9,49 billion yuan and the operating result has been of sign negative for -499,8 million yuan respect to an operating profit of 373,4 million yuan in the third trimester of 2012.
In the first nine months of this year CSCL it has totaled a net loss of -1,67 billion yuan respect to a net loss of -289,9 million yuan in the correspondent period of 2012. The revenues are piled to 24,81 billion yuan (+0.9%) and the operating costs to 26,76 billion yuan (+3.9%). The operating result has been negative for -1,87 billion yuan respect to operating liabilities of -1,09 billion yuan in the period January-september of 2012.
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66 million dollars lower Shipping Container Lines (CSCL) have archived item the period July-september of this year with a net loss of -404,0 million yuan () that it represents the third recorded consecutive quarterly liabilities from the company of Chinese navigation. In the correspondent third trimester of the 2012 CSCL had totaled a profit of clearly 991,0 million yuan.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
