less than the 3rd quarter of 2014. Here are some details from their web-site.
MD&A 30th of September 2015 versus 30th of September 2014
Operating revenue General:
Consolidated operating revenue decreased by USD 408.5 million, or 3.3% from USD 12,509.1 million in the first 9 months of 2014 to USD 12,100.6 million in the first 9 months of 2015 primarily due to a 3.9% decrease in shipping revenue and a 5.3% increase in other activities. Transported volumes increased by 6.5% or 593 thousand TEU, from 9,110 thousand TEU in the first 9 months of 2014 to 9,703 thousand TEU in the first 9 months of 2015.
click here for link to complete summary
And, from the finance report
OPERATING PROFIT BEFORE GAINS ON DISPOSAL OF PROPERTY AND EQUIPMENT AND SUBSIDIARIES, DEPRECIATION & AMORTIZATION, etc.For the nine-month period ended For the three-month period ended
2015 2014 2015 2014
1,137.8 876.4 243.7 325.1
As you can see, the first 9 months the profit increased, but for the 3rd quarter is decreased compared\
to 2014. This does not bode well for end year 2015 results.
click here for link to finance report
6 comments:
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Thanks for sharing the details of 2015 3rd quarter results.
The comparison between MD&A 30th of September 2015 versus 30th of September 2014 is quite interesting.
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