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2014 April 30   17:31

MOL reports net income of $557.6M for FY2013

Net income of Mitsui OSK Lines (MOL) in Fiscal Year 2013, ended March 31, 2014 totaled 57.3 billion yen (US$ 557.6 million), the shipping company's financial FY2013 report said.

Revenues for the period reached 1.7 trillion yen ($16.8 billion), operating income was at $399.2 million with net income per share - $ 0.466

The year turned out to be profitable for the company in bulk shipping, dry bulk and tankers segments. Despite efforts to improve the environment conditions in container business the company recorded a loss in this segment.

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