Independent journal on economy and transport policy
11:30 GMT+1
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RCL records record financial results, but containers transported by the fleet are declining
In the third quarter of this year revenues are increases of +128.7%
November 17, 2021
In the period July-September 2021 RCL has totaled revenues equal to the new historical record of 9.3 billion baht (284 million dollars), with a significant increase of +128.7% on the same last year period. Also operating profit and profit after taxes have reached new record values being amounted respectively to 3.7 billion baht (+1,025.6%) and 3.7 billion baht (+1,348.5%), profit that the same Regional Container Lines has defined phenomenal.
After three quarters of growth in cargo volumes containerized transported by the fleet generated by the comparison with corresponding periods of 2020 when it was more accentuated result of the negative impact of the Covid-19 pandemic on the activity of the Thai company, in the third quarter of this year the cargoes carried by RCL's ships are decreased of -7.4% having been equal to 517 thousand container teu compared to 559 thousand teu in the third quarter of 2020, very high volumes far from the historical record of 765 thousand teu scored in the third quarter of 2008.
RcL's fleet, which is employed in maritime services line and feeder in Asia, the Indian subcontinent and the Middle Oriente, consists of 50 container ships for a capacity of total load equal to 99 thousand teu.
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In the period July-September 2021 RCL has totaled revenues equal to the new historical record of 9.3 billion baht (284 million dollars), with a significant increase of +128.7% on the same last year period. Also operating profit and profit after taxes have reached new record values being amounted respectively to 3.7 billion baht (+1,025.6%) and 3.7 billion baht (+1,348.5%), profit that the same Regional Container Lines has defined phenomenal.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
