Samudera Shipping Line (SGX:S56) reported an average revenue of $287 per twenty-foot equivalent unit for its container division in the third quarter compared with an average revenue of $250 in the year-ago period, according to a filing with the Singapore Exchange on Wednesday.
Storage capacity from the logistics division came in at 153,400 pallet positions, up from 134,700 pallet positions in the year-ago period, the filing showed.
Total volume handled grew to 475,300 pallets equivalent, from 290,800 pallet equivalent in the comparable period, as the company secured additional contracts.
Shares of the company were down nearly 4% in recent trade.
Price (SGD): S$0.83, Change: S$-0.015, Percent Change: -1.78%
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