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Kingston Wharves Limited's (KWL's) bet on the transshipment business, which it entered earlier this year, has began to yield returns while, during the economic climate that the cargo handling firm still classifies as recessionary, domestic cargo handled at its nine berths are on the rise.
Revenue grew from $630 million during the three months to June 30, 2009 to $725 million during June quarter of 2010, which after expenses translated into opertaing profit of $168 million earned during the period under review, up from $159 million a year prior.
http://www.jamaicaobserver.com/busin...ng-off_7901636
Revenue grew from $630 million during the three months to June 30, 2009 to $725 million during June quarter of 2010, which after expenses translated into opertaing profit of $168 million earned during the period under review, up from $159 million a year prior.
http://www.jamaicaobserver.com/busin...ng-off_7901636
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