Independent journal on economy and transport policy
07:38 GMT+1
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FSL Trust has archived item the third trimester of 2018 with a net loss of -2,1 million dollars
In the first nine months of this year the liabilities have been of 446 thousand dollars
November 5, 2018
First Ship Lease Trust, trust of Singapore that possesses a fleet of 19 ships rented to companies of navigation or employees on the market ad, has closed the third trimester of this year with revenues pairs to 15,0 million dollars, with a bending of the -19,9% on the same period of 2017. The operating profit is piled to 362 thousand dollars respect to an operating result of sign negative for -19,5 million dollars that are essentially determined by burdens for the devaluation of ships of the fleet pairs to 22,2 million dollars. FSL Trust last year has archived item the period July-september of the 2018 with a net loss of -2,1 million dollars respect to a net loss of -21,6 million dollars in the third trimester.
In the first nine months of the 2018 revenues they are piled to 48,5 million dollars, down of the -21,3% on the same period last year. The operating profit has been of 5,5 million dollars respect to a result of sign negative for -33,5 million dollars in the first six months of the 2017 that are burdened by burdens for devaluation of the fleet pairs to 46,3 million dollars. FSL Trust has concluded the first nine months of this year with a net loss of -446 thousand dollars respect to a net loss of -40,0 million dollars in the correspondent period of 2017.
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