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    Canadian Pacific quarterly revenues increase 12pc to US$5.4 billion

    来源:Shipping News Headlines    编辑:编辑部    发布:2021/01/27 09:25:01

    THE Canadian Pacific Railway (CP) posted a 12 per cent year on year fourth quarter revenue increase of C$7.3 billion (US$5.4 billion), without revealing quarterly earnings in a straightforward way as it usually does, reported the Shanghai Shipping Exchange.

    "Diluted EPS decreased 17 per cent to C$13.61 from C$16.44, while adjusted diluted EPS rose 27 per cent to C$14.51 from C$11.39."

    When reporting quarterly profit, it said: "Operating income rose 28 per cent to C$874 million from C$682 million [while] revenues increased 17 per cent to C$2 billion, from C$1.7 billion."

    "We set records across many lines of business in 2018, including Canadian grain, potash and domestic intermodal," said CP president and CEO Keith Creel.

    CP said it continues to "focus on a disciplined approach to sustainable, profitable growth - a plan rooted in the foundations of precision scheduled railroading".

    Said Mr Creel: "2018 was a record by almost every measure and will be remembered as a watershed year for our company. Our record operating results are proof that CP is committed to making this company the best it has ever been."