News / RCL reports 'another phenomenal profit', but operating costs are soaring too

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Thai-based intra-Asia carrier Regional Container Lines (RCL) has posted a record $113m net profit for the third quarter – but, like for all carriers, its operating costs are soaring.

RCL described the result as “another phenomenal profit”, beating the previous record of $102m achieved in the quarter before.

Revenue for Q3 came in at $282m, compared with $135m for the same period of last year, for a cumulative nine month turnover of $767m, against $382m for the year before.

RCL’s net result for ...