NOL Group reports results on a quarterly basis. These include quarterly reports, annual reports and announcements with the Singapore Exchange (SGX).
For the six weeks of P12 2011, container shipping volumes increased 6% while average revenue per FEU (Forty-foot Equivalent Unit) fell 14% over the same period last year.
To streamline reporting, NOL will be consolidating future volume and revenue information contained in the monthly operating updates into its Quarterly Results release. This change is effective from 1 January 2012.
NOL Group today reported first quarter 2013 Core EBIT (Earnings Before Interest, Taxes and Non-Recurring Items) loss of US$85 million, a 64% improvement or US$148 million, in the key profitability measure from a year ago.