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                    [Title] => Aboitiz Group sells stake in shipping, logistics unit
                    [Summary] => The Aboitiz Group has decided to sell its entire stake in shipping and logistics firm AboitizTransportSystems Corp. (ATS) ...
                    [DatePublished] => 2008-09-24 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => Aboitiz Transport loses P374M in 9 months
                    [Summary] => 



Inter-island shipping firm Aboitiz Transport System Corp. (ATSC) incurred a net loss of P373.5 million in the first nine months of the year on lower revenues from its international charter business.


In a financial report submitted to the Philippine Stock Exchange, ATSC said consolidated revenues fell nine percent even as its freight revenues increased by 11 percent.


ATSC said revenues dropped mainly because earnings from the international charter business under unit Jebsen Management BVI Ltd. declined due to unfavorable market conditions.


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                    [AuthorName] => Zinnia B. Dela Peña
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JEBSEN MANAGEMENT

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                    [ArticleID] => 402528
                    [Title] => Aboitiz Group sells stake in shipping, logistics unit
                    [Summary] => The Aboitiz Group has decided to sell its entire stake in shipping and logistics firm AboitizTransportSystems Corp. (ATS) ...
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                    [ArticleID] => 367106
                    [Title] => Aboitiz Transport loses P374M in 9 months
                    [Summary] => 



Inter-island shipping firm Aboitiz Transport System Corp. (ATSC) incurred a net loss of P373.5 million in the first nine months of the year on lower revenues from its international charter business.


In a financial report submitted to the Philippine Stock Exchange, ATSC said consolidated revenues fell nine percent even as its freight revenues increased by 11 percent.


ATSC said revenues dropped mainly because earnings from the international charter business under unit Jebsen Management BVI Ltd. declined due to unfavorable market conditions.


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abtest

Aboitiz Group sells stake in shipping, logistics unit

By Zinnia B. Dela Peña | September 24, 2008 - 12:00am

The Aboitiz Group has decided to sell its entire stake in shipping and logistics firm AboitizTransportSystems Corp. (ATS) ...

Business

Aboitiz Transport loses P374M in 9 months

By Zinnia B. Dela Peña | November 5, 2006 - 12:00am

Inter-island shipping firm Aboitiz Transport System Corp. (ATSC) incurred a net loss of P373.5 million in the first nine months of the year on lower revenues from its international charter business. In a...

Business