Independent journal on economy and transport policy
11:34 GMT+1
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In the third trimester First Ship Lease Trust it has recorded a profit clearly of 3,5 million dollars (+24.0%)
The revenues are diminished of -19,1%
November 2, 2016
The First Ship Lease Trust (FSL Trust), society of Singapore that has a fleet of 22 ships - of which five portacontainer, 12 product tanker, three to chimichiere and two oil tankers - all mail rental near other companies, has closed the third trimester of this year with a profit clearly of 3,5 million dollars, in increase of +24.0% on the third trimester of 2015. The revenues are dropped of the -19,1% and are come down to 22,9 million dollars. The operating profit is piled to 5,8 million dollars (+4.0%).
The society of Singapore has explained that decrease of the revenues is determined by the reduction of the number of ships of the fleet (on September 30, 2015 was constituted by 23 units, of which seven portacontainer, 11 product tanker, three to chimichiere and two oil tankers), from the bending of the hires in some segments of the field of the tankers and from the effect of the breaking in dry dock of the three to chimichiere in the course of the trimester.
In the first nine months of the 2016 FSL Trust it has recorded revenues pairs to 75,0 million dollars, with a bending of the -7,1% on the period January-september last year. The operating profit has been pairs to 22,6 million dollars (+9.1%) and the profit clearly to 11,3 million dollars (- 19.7%).
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