Polaris Shipping, announced financial results for the 1Q, 2016 | No 9|2016.05.16 | ||||||||||||
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source Polaris Shipping |
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Polaris Shipping Co., Ltd. announced financial results for the 1st Quarter, ended March 31, 2016. Compare to last year’s 1Q, Revenue decreased by 21.7% which makes 1.5 trillion KRW. Its due to muted global trade growth and the economic slowdown. Even in this serious economic crisis, operating Income increase by 6.3%, 3.2 billion KRW. Polaris’s 2016 first-half results are as below. (Unit: Billion KRW)
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