Royal Caribbean Sees Record Revenues

Friday, February 03, 2006
Royal Caribbean Cruises Ltd. announced a net loss for the fourth quarter of 2005 of $3.6 million, or $0.02 per share, compared to a net loss of $25.8 million, or $0.13 per share, for the fourth quarter of 2004. Revenues for the fourth quarter of 2005 increased 6.7% to $1 billion from revenues of $964.6 million in the fourth quarter of 2004. Gross Yields and Net Yields for the fourth quarter of 2005 increased 6.1% and 8.2%, respectively, from the fourth quarter of 2004. For the year, the company reported record net income of $716.0 million, or $3.26 per share, on revenues of $4.9 billion, compared to net income of $474.7 million, or $2.26 per share, on revenues of $4.6 billion for 2004. The company currently forecasts Net Yields for the full year 2006 will increase in the range of 2% to 4% compared to 2005. In addition, management expects first quarter 2006 earnings per share to be in the range of $0.45 to $0.50.
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Aegean Marine Profit Beats Estimates

Greece-based Aegean Marine Petroleum Network Inc. (ANW) reported first-quarter earnings of $12.2 million or $0.25 per share compared with $5.1 million or $0.11 per share last year.

Shreyas Shipping Turns Around

Shreyas Shipping and Logistics swung to a net profit of Rs. 61.75 crore (about $9.6 million) in the fiscal year ended March 31, a big turnaround from its loss of Rs.

New EU Shipping CO2 Monitoring System

According to a new EU regulation, ship operators will be required to monitor, report and verify (MRV) CO2 emissions.     José Inácio Faria, Member, Group of

News

Aegean Marine Profit Beats Estimates

Greece-based Aegean Marine Petroleum Network Inc. (ANW) reported first-quarter earnings of $12.2 million or $0.25 per share compared with $5.1 million or $0.11 per share last year.

Hapag-Lloyd Grows Feeder Network in Scandinavia

Ocean carrier Hapag-Lloyd will be integrating the Port of Oslo into its Baltic Express Service (BAX) in June.    The BAX will then link a total of six ports in Estonia,

Shreyas Shipping Turns Around

Shreyas Shipping and Logistics swung to a net profit of Rs. 61.75 crore (about $9.6 million) in the fiscal year ended March 31, a big turnaround from its loss of Rs.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1542 sec (6 req/sec)