Independent journal on economy and transport policy
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CSAV has archived item the third trimester with a net loss of -46,1 million dollars
The revenues are diminished of -5,6%
November 26, 2013
In the third trimester of this year the shipowning society Chilean Compañía American South de Vapores (CSAV) has recorded a deterioration of the economic results having had archived item the period with a net loss of -46,1 million dollars on revenues for 816,6 million dollars respect to a profit clearly of 56,2 million dollars on revenues for 865,3 million dollars in the period July-september of 2012. The costs have totaled an increment of 4.0% to 799,9 million dollars. The operating result has been of sign negative for -40,2 million dollars respect to an operating profit of 35,7 million dollars in the third trimester last year.
In the third trimester of the 2013 fleet of portacontenitori of the CSAV container has transported cargo volumes 493,500 pairs teu, with a progression of 0.8% regarding 489.700 teu in the correspondent period last year.
The Chilean company has closed the first nine months of this year with a net loss of -107,2 million dollars respect to liabilities of -287,1 million dollars in the same period of 2012. The revenues are diminished of the -7,1% attesting itself to 2,47 billion dollars and the operating costs are dropped of the -10,1% to 2,42 billion dollars. The operating result has been negative for -112,8 million dollars respect to operating liabilities of -204,0 million dollars in the period January-september of 2012.
In the first nine months of the 2013 fleet of the company it has transported 1.397.400 teu, with a bending of the -4,9% regarding 1.469.900 teu in the same period of 2012.
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