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Financial highlights for 2022 Year-to-Date Q3 (YTD Q3)

Year-to-Date Q3, 2022 Profit is 8% up despite Revenue being slightly lower than YTD Q3, 2021 221108

  • Operating profit increased by 8%  vs. last year mainly driven by provision reversal and one-off insurance claim in Q2 and cost optimizations. Subcontractor & equipment handling cost are higher than last year driven by volume upside on aluminum operations and higher spend on asset maintenance projects
  • 2022 YTD Q3 revenue is slightly lower than revenue of same period last year. Container revenue increased by 1.2%, Marine grew by 3%, while General cargo reduced by 10%. compared with same period last year.