Matson Reports Higher Revenues, Lower Profits in Q4
2019-02-25 08:00

Matson Reports Higher Revenues, Lower Profits in Q4

by Patrick Fach-Pedersen
Matson Reports Higher Revenues, Lower Profits in Q4

“US-based container carrier Matson closed the fourth quarter of 2018 with a considerably lower net income but higher revenues. For the quarter ended December 31, 2018, net income stood at USD 20.6 million, compared a net income of USD 166.9 million reported in the corresponding quarter a year earlier, representing a decrease of 87.7 percent year over year.” To learn more, see the original story at World Maritime News.

Source: World Maritime News (JB)

Source: World Maritime News