Independent journal on economy and transport policy
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Genting Hong Kong has closed first semester 2019 with a net loss of -56,5 million dollars
The revenues are diminished of -6,2%
September 2, 2019
The group Genting Hong Kong Ltd. , whose activity is mainly centralized on the division cruises Genting Cruise Lines that work the marks Star Cruises, Dream Cruises and Crystal Cruises and on the navalmeccanica division that includes i German ship yards MV Werften and Lloyd Werft, has archived item the first half of 2019 with revenues pairs to 729,2 million dollars, with a decrease of the -6,2% on the first semester last year, of which 652,4 million dollars generated from the segment of cruises (+1.6%) and 54,5 million dollars from the revenues of the shipbuilding segment produced from orders emitted from external customers to group (- 46.7%).
The EBITDA has been pairs to 76,9 million dollars respect to a Gross Operating Margin of sign negative for -5,0 million dollars in the first six months of 2018, with a contribution of 82,3 million dollars from the field of the cruises (63,0 million in first semester 2018) and of 27,9 million dollars from the navalmeccanico field (- 46,7 million). Genting Hong Kong has closed the first semester of 2019 with an operating result and economic result clearly both of sign negative and pairs respective to -38,3 million and -56,5 million dollars against sign results they also negative for -117,8 million and -141,3 million dollars in the first half last year.
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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The group Genting Hong Kong Ltd. , whose activity is mainly centralized on the division cruises Genting Cruise Lines that work the marks Star Cruises, Dream Cruises and Crystal Cruises and on the navalmeccanica division that includes i German ship yards MV Werften and Lloyd Werft, has archived item the first half of 2019 with revenues pairs to 729,2 million dollars, with a decrease of the -6,2% on the first semester last year, of which 652,4 million dollars generated from the segment of cruises (+1.6%) and 54,5 million dollars from the revenues of the shipbuilding segment produced from orders emitted from external customers to group (- 46.7%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
