Snowman Logistics sees Robust Quarter-on-Quarter Growth

During the second quarter ended September 30 FY 2018-19, Snowman Logistics recorded a revenue of Rs 57.65 crore as against Rs 44.82 crore during the corresponding quarter ended September 30, 2017, an increase of 29 per cent. While EBITDA increased by 49 per cent to Rs 14.23 crore as compared to Rs 9.58 crore, PAT
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• Revenue increased by 29% compared to the corresponding Quarter last year • EBITDA increased by 49% compared to the corresponding Quarter last year BENGALURU: During the Second quarter ended September 30, FY 2018-19, Snowman recorded a revenue of Rs. 57.65 crores as against Rs. 44.82 crores during the corresponding quarter ended September 30, 2017,
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TOKYO: India is going through a massive transformative phase and international agencies say the Country will drive the growth of the global economy in the coming decade, Prime Minister Narendra Modi said recently as he invited the Indian community in Japan to contribute actively in building a “new India”. The PM was in Japan to
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Qatar-based LNG shipping company Nakilat wrapped up the first nine months of 2018 with a profit increase of 8.5%.  The company concluded its financial results for the nine-month period ended September 30 with a net profit of QAR 659 million (around USD 181 million) compared to QAR 607 million (USD 167 million) seen in the
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According to ESAI Energy’s recently released Two-Year Global Fuels Outlook, global demand for gasoline gasoil, jet fuel, kerosene, and fuel oil is expected to rise by a combined 770,000 b/d in 2019, following an increase of just 440,000 b/d this year. This acceleration will be driven primarily by a return to demand growth in China.
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Euro zone business growth slowed much faster than expected this month, dragged down by waning orders that put a big dent in confidence, adding to evidence the bloc’s halcyon days are behind it for now, a survey showed. October’s disappointing survey is likely to concern policymakers at the European Central Bank, who are expected to
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DUBAI: DP World Limited handled 53.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first nine months of 2018, with gross container volumes growing by 2.6 % year-on-year on a reported basis and 3.7% on a like-for-like basis. Gross like-for-like volumes declined by 0.5% in 3Q2018 due to the
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ICD/PFT Bawal, under the ownership of Sanjvik Terminals Pvt. Ltd, is going full steam ahead with month-to-month growth in both ex-im and domestic volumes. In domestic volumes, ICD-Bawal is emerging as an auto and steel hub, primarily due to its strategic location and personalised services. In September 2018, 28 domestic rakes were handled, of which
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The state owned container corporation which has large presence in Northern and Western parts of the country transported three million Teus in EXIM Cargo and 0.53 million TEI domestic containers last year, has virtually bulldozed all private players in the business to become the Mega operator of the country. The state entity runs as many
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DP World Limited handled 53.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first nine months of 2018, with gross container volumes growing by 2.6 % year-on-year on a reported basis and 3.7% on a like-for-like basis. Gross like-for-like volumes declined by 0.5% in 3Q2018 due to the tougher
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