The US containership operator on Tuesdayreported net income of $1.6m for the three months to 22 September, versus again of $1.4m in the comparable period 12 months prior.
Thecompany’s adjusted quarterly profit rose to $5.2m from $2.3m year-on-year asadjusted operating income climbed to $21.6m from $13.7m.
In an investor briefing chief executiveSam Woodward applauded adjusted earnings before interest ,taxes, depreciationand amortization (Ebitda), which soared by nearly 30.0%