High profit realization of parcels and express business TransForce a quarter

Recently, the Canadian Transportation Group TransForce said, although the first quarter of 2013, the business environment has slowed down, but the company parcels and express business still achieved a higher profit performance.
As of March 31st, the TransForce group revenue fell 4.9% to $749700000, pre-tax profit fell to $44600000, accounting for 5.9% of the total income. The same period in 2012, the group pre-tax profit of $47400000, accounting for 6% of the total income.
TransForce president and CEO Alain B é dard says, in the first quarter financial results fully reflect the American economic situation as well as the seasonal demand characteristics more obvious. However, through the efforts of the group or stable pre-tax profit margin, adjusted net income and the key performance indicators, to achieve maximum efficiency.
Thanks to the diversification of acquisitions in recent years, the group parcels and express business revenue of $304000000, the same period last year for $286000000; operating profit of $17200000, the profit rate is 5.7%, and the same period last year for $13900000, the profit rate is 4.8%.
B é dard says, group the improvement of operating efficiency and further improve the parcel and express business profits.
MYEX min Asia International Express
2013-05-22