NORWEGIAN Cruise line and NCL America parent, the aptly named Norwegian Cruise Line Holding, has reported full year 2012 net income of US$173.1 million. According to the breakdown, the cruise giant enjoyed a full revenue increase of 2.6% in 2012 to US$2,276.2 million from US$2,219.3 million, whilst its net yield...
NORWEGIAN Cruise line and NCL America
parent, the aptly named Norwegian Cruise Line
Holding, has reported full year 2012 net
income of US$173.1 million.
According to the breakdown, the cruise giant
enjoyed a full revenue increase of 2.6% in 2012
to US$2,276.2 million from US$2,219.3 million,
whilst its net yield increased 1.6%, due to
higher yields from both passenger ticket and
onboard and other revenue.
Meanwhile net cruise costs ex fuel decreased
5.3% in the period as a result of cost
improvement initiatives in all line items, whilst
the company’s fuel price per metric ton, net of
hedges, increased to US$664 from US$571
from the same period last year.
The results mark the company’s eighteenth
consecutive quarter of year-over-year gross
earnings growth.
