新加坡东方海皇2012年业绩PPT新闻稿.pdfVIP

FOR IMMEDIATE RELEASE NOL reports US$208 million year-on-year improvement in 4Q Core EBIT Group’s 4Q 2012 performance improves 75%; meets cost saving goal of US$500 million SINGAPORE, 22 February 2013 – Global container shipping and logistics group Neptune Orient Lines (NOL) today reported fourth quarter 2012 Core EBIT (Earnings Before Interest and Taxes) loss of US$69 million, a 75% improvement in the key profitability measure from a year ago. The Group posted a full year net loss of US$419 million, mainly due to a first quarter net loss (before non-recurring items) of US$255 million and one-time charges of US$108 million. Singapore-based NOL also said that its efficiency programme delivered US$504 million of cost savings, which is in line with its 2012 target. The savings were primarily achieved through reduced fuel consumption, network optimization and increased terminal productivity. “General market conditions in 2012 remained challenging. But thanks to our focus on increasing efficiencies throughout the Group, we are in a better competitive position than before,” said NOL Group CEO Ng Yat Chung. “We have improved our cost base, renewed our fleet and expanded our logistics business. We are starting 2013 on a stronger footing than a year before.” NOL said 2012 revenue increased 3% to US$9.5 billion. NOL’s supply chain management business, APL Logistics, reported record revenue of US$1.6 billion. Its fourth quarter Core EBIT margin was the highest recorded in nine consecutive quarters. FINANCIAL PERFORMANCE FY12 FY11 Change % 4Q12 4Q11 Change % Revenue (US$m) 9,512 9,211 3 2,499 2,403 4 Core EBIT (US$m)