08/11/22
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
- 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.