For the quarter ended December 31, 2018, net income stood at USD 20.6 million, compared a net income of USD 166.9 million reported in the corresponding quarter a year earlier, representing a decrease of 87.7 percent year over year.
Consolidated revenue for the fourth quarter of 2018 was USD 564.9 million, against USD 516.1 million seen in the fourth quarter of 2017.
Additionally, Matson reported net income of USD 109 million for the full year 2018, a drop of 53 percent when compared to a net income of USD 232 million posted in 2017. Revenue for the full year 2018 was USD 2,222.8 million, compared with USD 2,046.9 million in the prior year.
