GE Shipping reports Rs 2.45 bn loss in Apr-Jun qtr; revenue at Rs 8.76 bn

Great Eastern Shipping Company (GE Shipping) on Friday reported a consolidated net loss of Rs 2.45 billion during the quarter ended June 30, 2018. The company had posted a net profit of Rs 1.03 billion during the same period a year ago, it said in a BSE filing. Total income of the company during the
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APM Terminals Pipavav (Gujarat Pipavav Port Ltd), announced the standalone financial results for the first quarter ended June 30, 2018. The company reported a net profit of INR 471 million for Q1FY19 as against INR 557 million in Q1FY18. Revenue from operations for the quarter under consideration stood at INR 1760 million as against INR
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APM Terminals Pipavav (Gujarat Pipavav Port Ltd) has announced the standalone financial results for the first quarter ended June 30, 2018. The company reported a net profit of Rs 471 million for Q1FY19 as against Rs 557 million in Q1FY18. Revenue from operations for the quarter under consideration stood at Rs 1,760 million as against
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COPENHAGEN: A.P. Møller – Mærsk A/S’ (APMM) has highlighted in the financial report for Q1 2018 the expectation for the 2018 result was subject to increased uncertainties impacting container freight rates, bunker prices and rate of exchange due to geopolitical risks, trade tensions and other factors. Based on the outlook for freight rates for the
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Compared to the first half of 2017, OOCL liner liftings increased by 6 per cent while load factor reduced by 3.1 per cent. Revenue levels per TEU increased by 3.5 per cent, said a release. The average price of bunker recorded by OOCL in the first half of 2018 was $383 per tonne compared to
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In Q1 2018, A.P. Moller – Maersk had a revenue growth of 30% to USD 9.3bn, 10% excluding Hamburg Süd, with growth in all business segments and a strategic transformation well underway. A.P. Moller – Maersk reiterates its expectations for 2018 of an underlying profit above 2017 (USD 356m), however noting increased uncertainties due to
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Commodities trading in Singapore, Asia’s main trade hub, generated close to $1.2 trillion in revenue in 2017, 33 percent more than a year earlier on the back of higher prices and surging demand, a senior government official said on Thursday. “Notwithstanding current uncertainties and rising trade tensions we face today, the commodities market is broadly
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In Q1 2018, A.P. Moller-Maersk had a revenue growth of 30 per cent to $9.3 bn, 10 per cent excluding Hamburg Süd, with growth in all business segments and a strategic transformation well underway. A.P. Moller-Maersk has reiterated its expectations for 2018 of an underlying profit above 2017 ($356 m), however noting increased uncertainties due
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• Registers 16% revenue growth in Q4 FY18 when compared to the corresponding quarter to previous year. • EBITDA registers 105% growth when compared to the corresponding quarter previous year • PBT positive growth of 144% when compared to corresponding quarter previous year • Company reports two profitable quarters (Q3 & Q4) consecutively MUMBAI: For the
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