Independent journal on economy and transport policy
13:08 GMT+2
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Shipping lowers Lines Container returns to a quarterly operating result of positive sign
In the period July-september of this year the company has recorded an increase of 29% of the revenues
October 30, 2012
In the third trimester of this year the Chinese shipowning company Lowers Shipping Container Lines (CSCL) has recorded a profit of clearly 991 million yuan (157 million dollars) respect to a net loss of 951 million yuan in the correspondent period of 2011. The revenues are increased of 29% attesting itself to 9,3 billion yuan and the operating result has been positive for 373 million yuan respect to operating liabilities of 1,0 billion yuan in the period July-september last year.
In the first nine months of the 2012 CSCL January-september has totaled a net loss of 290 million yuan on revenues for 24,6 billion yuan respect to a net loss of 1,6 billion yuan on revenues for 21,2 billion yuan in the period last year. The operating result has been negative for 1,1 billion yuan respect to a result negative for 1,6 billion yuan in the first nine months of 2011.
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