Independent journal on economy and transport policy
08:04 GMT+1
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Premuda has closed the first trimester of 2016 with a net loss of -7,2 million euros
Revenues Time base charter down of -28,1%
May 16, 2016
The shipowning group Italian Premuda has closed the first trimester of the 2016 with a net loss of -7,2 million euros respect to a net loss of -14,6 million euros in the same period last year. The revenues Time base charter have recorded a bending of the -28,1% coming down to 11,1 million euros. The operating result has been of sign negative for -4,8 million euros respect to a result of sign negative for -3,8 million euros in the first three months of 2015.
Premuda has specified that the result of the first trimester of this year still is weighted down by the lacked contribution the FPSO Four Rainbow, today of property of the connected Anteros, remained in disarmament for all the first trimester waiting for the definition of a new project of employment. Moreover the shipowning society has specified that for how much concerns the adjustments of value for impairment recorded in the exercises precedence, has not today found the necessity to proceed to ulterior devaluations, but the conditions have not even not been determined in order to proceed to restorations of value, also partial.
The consolidated net worth of the group on 31 March has turned out pairs to 16,3 million euros regarding 97,4 million euros and 27,3 million euros to on March 31, 2015 fine exercise 2015.
Premuda has announced moreover that the exposure clean financial institution at the end of first trimester 2016, that has turned out pairs to 323,1 million euros, is diminished of 63,0 million euros regarding on March 31, 2015 mostly in reason of the cespiti dismissioni of carried out in the course of the period of 12 regarding months the two units Ice Class yielded to third party in December the 2015 and FPSO Four Rainbow, yielded to joint venture Anteros constituted with the group Yinson in September 2015 ( on 30 July 2015). Moreover the company has specified that to the reduction of the indebtedness it has moreover contributed, in much less meaningful measure, the effect deriving from against appraisal in euro of the financings expressed in dollars.
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The shipowning group Italian Premuda has closed the first trimester of the 2016 with a net loss of -7,2 million euros respect to a net loss of -14,6 million euros in the same period last year. The revenues Time base charter have recorded a bending of the -28,1% coming down to 11,1 million euros. The operating result has been of sign negative for -4,8 million euros respect to a result of sign negative for -3,8 million euros in the first three months of 2015.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
