The company’s net loss expanded in the fourth quarter of 2018 to USD 5 million, compared to a loss of USD 2.2 million reported in the same period a year earlier.
For the full year, MPC Container Ships’ net loss was at USD 1.6 million, shrinking from a loss of USD 2.5 million seen in 2017.
Revenue for the quarter reached USD 52.5 million, rising from USD 13.2 million seen in the same period in 2017. The company’s full year revenue surged to USD 183.5 million from USD 21.4 million reported in 2017.
