Independent journal on economy and transport policy
04:19 GMT+2
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Seaspan Corporation's results growth. The Euroseas are down
The first company ended 2019 with a net profit of 438.9 million dollars, or 57.2%
February 19, 2020
In the full year of 2019, revenues amounted to USD 1.13 billion, up 3.2% year-on-year Previous. Operating profit was 687.1 million US dollars (46.2%) and net profit of 438.9 million dollars (57.2%).
Euroseas, also operating in the rental segment of container with a smaller fleet of 19 ships totaling 660,000 teu capacity, filed quarter of 2019 with a net loss of -765 thousand revenues of 13.8 million dollars compared to a net loss of -537 thousand dollars on revenues of 8.2 million dollars in the corresponding period of the previous year. Profit operating action was 389 thousand dollars (-5.3%).
In the whole of 2019, Euroseas posted a net loss of -1.7 million dollars on revenues of 41.8 million dollars compared to a net loss of -2.0 million dollars on revenues 47.4 million dollars in 2018. Operating profit usd 2.8 million.
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