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Polaris Shipping, announced financial results for the 2015 No 8|2016.03.30

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Polaris Shipping

Polaris Shipping Co., Ltd. announced financial results for the 2015.

Last year, Shipping Industries has faced worst market ever. Shocking market conditions was due to continuous oversupplied vessels and muted global trade growth since 2008, Global financial debacle.

Even in this crisis, Polaris Shipping has announced 4.5% increase on operating income, 117 Billion KRW.
Polaris’s 2016 first-half results are as below.

(Unit: Million KRW)

 

 2015

2014

 Percentage Change

Revenue

771,913

787,342

-1.9%

Operating Income

116,861

111,661

+4.5%

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