Independent journal on economy and transport policy
12:33 GMT+2
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Pan Ocean has concluded the first semester of 2016 with a profit clearly of 84 million dollars
the revenues have grown of +2.2% to 759 million dollars
August 17, 2016
Pan Ocean, the company of navigation of the South Korean group Harim been born on ashes of the STX Pan Ocean that in 2013 has declared failure, has archived item the first half of 2016 with revenues pairs to 759 million dollars, with an increase of +2.2% on the period January-june last year. The costs have recorded an increment of +7.4% having attested itself to 664 million dollars. Consequently the operating profit is come down to 69 million dollars regarding 99 million dollars in the first semester of 2015. The profit clearly has been pairs to 84 million dollars respect to a net loss of -55 million dollars in the first half last year. The increment of the result clearly is yields mainly of extraordinary proceeds deriving from the performance of the plan of restructure of the company.
In the second solo trimester of 2016 Pan Ocean has recorded revenues pairs to 382 million dollars, in increase of +0.8% on the correspondent period last year. The costs are piled to 332 million dollars (+3.7%). The operating profit has been pairs to 37 milionoi of dollars (- 15.7%) and the profit clearly to 21 million dollars respect to a net loss of -157 million dollars in the period April-june of 2015.
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