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Tag Archives: FINANCIAL RESULTS

DP World sees heavy revenue growth

DP World announced today (March 14) strong financial results for the previous year. According to a statement, on a reported basis, revenue grew 19.8% and adjusted EBITDA increased 13.7% with adjusted EBITDA margin of 49.7%, delivering profit attributable to owners of the Company, before separately disclosed items, of $1,270 million, …

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ICTSI enjoys boosted income

International Container Terminal Services, Inc. (ICTSI) reports audited consolidated financial results for the year ended December 31, 2018. Consolidated volume higher by six percent to 9,736,621 twenty-foot equivalent units (TEUs) (FY2017: 9,153,458 TEUs) Revenue from port operations increased 11 percent to US$1.4 billion (FY2017: US$1.2 billion) Earnings Before Interest, Taxes, …

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Global Ship Lease reports Q4 financial results

Global Ship Lease, Inc. (the “Company” or “Global Ship Lease”), a containership charter owner, announced on March 5 its unaudited results for the three months and year ended December 31, 2018. Fourth Quarter 2018 and Full Year Highlights  – Reported operating revenues of $50.0 million for the fourth quarter 2018.  Operating …

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CMA CGM marks records in its annual report

CMA CGM highlighted the following points in its annual financial report 2018. Acceleration of the digital transformation strategy Record revenue of USD 23.48 billion, up 11.2%, driven by strong volumes New cost reduction plan of USD 1.2 billion Upon the release of the 2018 financial results, Rodolphe Saadé, Chairman and Chief …

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Ship Finance announces Q4 financial results

Hamilton, Bermuda – Ship Finance International Limited (“SFL” or the “Company”) yesterday (on February 26) announced its preliminary financial results for the quarter ended December 31, 2018. Highlights 60th consecutive quarterly dividend declared, $0.35 per share Total charter hire of $160m in the quarter from our 100% owned vessels and rigs, of …

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Kuehne + Nagel increases annual results

Strong volume growth in all business units Gross profit up 9.8 percent to CHF 7,709 million EBIT up 5.3 percent to CHF 987 million Net profit up 4.3 percent to CHF 772 million Dividend increased, dividend payout ratio at a high level Kuehne + Nagel Group  2018 2017 CHF million Turnover 24,825 22,220 Net …

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Milaha reports 10% increase in annual net profit

Qatar Navigation (Milaha) Q.P.S.C. announced its financial results for the twelve months ended December 31, 2018. Key financial highlights: Operating revenues of QAR 2.4 billion for the twelve months ended December 31, 2018, compared to QAR 2.5 billion for the same period in 2017 Operating profit of QAR 397 million …

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Diana Containerships reports annual net loss over $50m

ATHENS, GREECE, February 25, 2019 – Diana Containerships Inc., (the “Company”), a global shipping company specializing in the ownership of containerships, today reported a net loss of $0.4 million for the fourth quarter of 2018, compared to a net loss of $16.6 million for the same period of 2017. The …

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CAI International reports its financial results

SAN FRANCISCO – CAI International, Inc. (CAI)companies, on February 20 reported results for the fourth quarter and full year of 2018. Record net income for the year of $73.5 million driven by strong container demand Logistics revenue grew to a record $111.5 million up 38% driven by demand for truck brokerage and intermodal services Highlights …

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Matson announces financial results

Matson, Inc. (“Matson” or the “Company”) reported net income of $20.6 million, or $0.48 per diluted share, for the quarter ended December 31, 2018.  Net income for the quarter ended December 31, 2017 was $166.9 million, or $3.90 per diluted share.  Net income and earnings per share in the fourth quarter of 2017 benefitted by $155.0 million and $3.62 per diluted share, respectively, from …

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