Matson expands 2012 profit
1/1
Swipe or click to see more
Matson Inc. said Wednesday it earned $19.1 million in the third quarter, its first as an independent company. Net income more than doubled from a year ago.
Matson Inc. profits rose in the fourth quarter and for all of last year, the Honolulu-based ocean cargo transportation firm reported today.
The company said its fourth-quarter profit surged to $15.6 million from $1.6 million in the same period the year before. Profit for all of last year was $45.9 million, up from $34.2 million in 2011.
