“Harbor Star initiatives that the three–yr lighterage carrier agreement will bring about at least 8 additional voyages in step with yr for Harbor Star’s the world over-classed tug and barge tandems,” the enterprise said.
Harbor Star’s MT Procyon and Barge Lynx completed the shipping of 8,000 metric tons of aggregates to Yap Island, part of the Federated of States of Micronesia, ultimate April 22.
Harbor Star is a company of maritime services such as lighterage, towing, salvage, marine restore and renovation works in addition to trade and navigation inside the carriage of goods and passengers, and international manning, recruitment, contracting and deliver and group management for all sorts of vessels. Broadcast giant GMA Network, Inc. On Tuesday mentioned a net earnings of P842 million within the first three months of the year, down 17 percent from a yr ago, within the absence of election-related commercials that boosted ultimate year’s bottom line.
In a assertion, GMA stated recurring revenues of P3.766 billion inside the first region of 2017, up 15 percentage over the same period remaining year. Including political classified ads, GMA’s revenues in the first three months went down by way of 4 percent.
Political advocacies and classified ads contributed P640 million to the corporation’s pinnacle line within the first sector of ultimate yr. Total operating costs had been stored at bay, going up by way of best 5 percentage to P2.592 billion while Ebitda (earnings earlier than interest, taxes, depreciation and amortization) decreased with the aid of sixteen percentage to P1.545 billion.
The network paid out cash dividends to shareholders really worth P3.548 billion at P0.73 in keeping with proportion on May 15.
“Even with out political ads, we’re tracking a stronger 12 months financially and we expect to gain our growth targets in 2017,” said GMA Network Chairman Felipe Gozon.
GMA said it sustained its nationwide TV rankings dominance with an average 39.Eight-percent household target market percentage, besting ABS-CBN’s 35.5 percentage inside the first region primarily based on information from Nielsen TV Audience Measurement.
Discounting the effect of political commercials, the community’s core station, GMA-7, generated a fifteen-percent improvement in airtime revenues inside the first sector. GMA News TV and Radio sales improved with the aid of 22 percent and 20 percentage, respectively.
GMA International, the business unit that manages the distribution and operation of the network’s international channels, recorded a 9 percent increase in sales from subscriptions, licensing and marketing.
As of March, flagship worldwide channel GMA Pinoy TV had an expected 1.Eight million viewers worldwide, a yr-on-12 months increase of 6 percentage. Viewership for GMA Life TV expanded by using 19 percentage to approximately 800,000 visitors worldwide, at the same time as GMA News TV International posted a 63-percent boom in visitors international.
GMA’s technology arm, GMA New Media, Inc., closed the region with consolidated sales growth of 63 percent and a internet profits hike of 421 percentage.
Money bank blog 