Maersk Group two quarter profit of $439000000

Maersk Group recently released the 2013 second quarter financial results, the group of second quarter profit of $856000000 ($965000000 in 2012 over the same period). Among them, the first quarter profit of $204000000, Maersk Group two quarter profit of $439000000 (compared to 227000000 in 2012 dollars), the after tax return on invested capital is 8.5% (compared to 4.6% in 2012). The improvement is mainly because of cost reduction. The Maersk shipping volume growth of 2.1%, average price is reduced by 13.1%, the total cost was reduced by 12.7% per 40 foot container. Cost reduction is mainly due to the operation of network efficiency and lower fuel prices. The total capacity of Maersk Line is reduced by 0.9%.
Maersk Group Chief Executive Mr Andersen said, because most business operations have improved, second quarter group achieved good results. Maersk has strong robust, the leading position of the industry in terms of profits. Maersk terminals to maintain good performance development, Maersk oil drilling operations achieved the best quarterly performance. Maersk oil yield is relatively low, but it has bottomed out, the first half of this year will return to growth in the. At the group level, we will build fifth core businesses, in 2016 before the implementation of the business department target profit of $500000000, in order to seek group performance further growth.
MYEX Minya Express International
2013-09-03