Independent journal on economy and transport policy
13:32 GMT+1
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Third quarter positive for Thai company Regional Container Lines
A widening gap between revenue and cost reductions
November 16, 2020
In the first nine months of 2020, RCL reported revenues of 12.25 billion baht, down -3.2% on the same period of last year. Operating costs were 11.56 billion baht (-9.5%). Operating profit and net profit are states of 679.1 million and 485.4 million baht respectively against negative results of -129.7 million and -323.9 million baht in the period January-September 2019.
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In the first nine months of 2020, RCL reported revenues of 12.25 billion baht, down -3.2% on the same period of last year. Operating costs were 11.56 billion baht (-9.5%). Operating profit and net profit are states of 679.1 million and 485.4 million baht respectively against negative results of -129.7 million and -323.9 million baht in the period January-September 2019.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
