Independent journal on economy and transport policy
06:12 GMT+1
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Régional Lines Container is returned to the profit
In the quarter April-june the operating revenues of the Thai company have grown of +5.8%
August 17, 2017
In according to trimester of this year fleet of portacontainer of Régional Container Lines (RCL), the company of Thai navigation that - with a fleet of 46 ships - is one of the main containerized marine carriers intra-asiati us, has transported cargo volumes pairs to 457 thousand container teu, with an increment of +5.4% on the period April-june of 2016.
In according to trimester of 2017, after five closed consecutive trimesters in red, the company has recorded a profit of clearly 162,8 million baht (five million dollars) respect to a net loss of -182,6 million baht in the correspondent period of 2016. RCL has specified that to the improvement of the result they have contributed also proceeds for 36 million baht deriving from the sale of container and proceeds on the monetary changes for 26,6 million baht. The revenues are piled to 2,84 billion baht (+7.0%), of which 2,77 billion baht generated from the activity of fleet (+5.8%).
In the first semester of the 2017 Thai company it has totaled revenues pairs to 5,48 billion baht, with an increase of +3.4% on the first half last year, of which 5,35 billion baht deriving from the activity of fleet (+1.4%). RCL has archived item the first six months of this year with a net loss of -98,2 million baht respect to a net loss of -426,0 million baht in the first semester of 2016.
In the first six months of this year the fleet of the company has transported containerized volumes pairs to 903 thousand teu (+5.7%).
The company has explained that the increase of the results is consequence of the improvement of the economic situation that has determined an increment of the marine transports accompanied from a rise of the hires, positive elements partially mitigated from the increase of the cost of the fuel.
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