Independent journal on economy and transport policy
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CSAV in profit thanks to the profits produced from the participation in Hapag-Lloyd
According to trimester of 2015 it has been archived item with an economic result clearly of 9,1 million dollars
September 1, 2015
The shipowning society Chilean Compañía American South de Vapores (CSAV) has closed the second trimester of the 2015 with a profit clearly of 9,1 million dollars respect to a net loss of -58,5 million dollars in the period April-june last year. The profit of according to trimester of this year is effect of the profits for 19,5 million dollars deriving from the investment in the German company Hapag-Lloyd, of which CSAV it has acquired 34% of the capital in the within of the operation of fusion of the respective activities of marine transport of the container ( on 2 December 2014), effect that has been partially balanced from burdens for taxes determined pairs to 12,9 million dollars - has explained the South American society - from the impact of the variation between CSAV and the branches of the group and the investment in Hapag-Lloyd to take it in turns monetary of the euro on the capital structure.
In according to trimester of this year CSAV it has recorded revenues for 40,5 million dollars (- 31%, consequent decrease to the bestowal of the activities of containerized marine transport to the Hapag-Lloyd) and an operating result of positive sign for 3,8 million dollars respect to operating liabilities of -23,3 million dollars in according to trimester of 2014.
In the first semester of the 2015 Chilean company it has totaled a profit clearly of 80,0 million dollars on revenues for 112,0 million dollars respect to a net loss of -124,4 million dollars on revenues for 156,4 million dollars in the first half last year. The operating profit has been pairs to about 900 thousand dollars respect to operating liabilities of -21,9 million dollars in the first half of 2014.
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The shipowning society Chilean Compañía American South de Vapores (CSAV) has closed the second trimester of the 2015 with a profit clearly of 9,1 million dollars respect to a net loss of -58,5 million dollars in the period April-june last year. The profit of according to trimester of this year is effect of the profits for 19,5 million dollars deriving from the investment in the German company Hapag-Lloyd, of which CSAV it has acquired 34% of the capital in the within of the operation of fusion of the respective activities of marine transport of the container 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
