Independent journal on economy and transport policy
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A cost cut above the drop in revenue allows RCL to improve its quarterly performance
In the April-June period of this year the container carriers of the company transported 465mila teu (-15%)
August 18, 2020
In the second quarter of this year the container fleet of the Thai Regional Container Lines (RCL), which is one of Asia's leading companies by extension of its network of line services and feeder, transported volumes of load equal to 465mila teu, with a drop of -15% on the corresponding period of 2019. The company said the noli had a 8% percent increase, allowing it to limit the decline in revenue to -9% percent, business volume that amounted to 3.93 billion baht (126 million) compared with 4.30 billion in the same period. baht in the April-June period of last year. More accentuated the reduction (-13%) of the costs that have fallen to 3.65 billion baht. Operating profit was 274.4 million baht (+ 250%) and the net profit of 215.2 million baht (+ 1.781%).
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