Financial results of the handling and warehousing companies in polish maritime ports

Hanna Klimek , Ryszard Rolbiecki

Abstract

Companies which function in the operation area of Polish seaports, in particular the ones which offer cargo handling and warehousing services tend to display a solid financial condition. High dynamics of revenue prove this situation. In the years 2010–2015, the real revenues of the analysed companies group have increased yearly by 5.7% on average. The profitability of pot handling companies also shows a significant improvement tendency. In the years 2009–2012 the return on sales, return on assets and return on equity ratios were on an acceptable (sufficient) level, while in the years 2013–2015 they increased to a satisfactory (good) level. Good financial results create large investment capabilities for these enterprises. This is especially important due to the fact that the port companies finance most of their investments with their own funds. In the years 2005–2015 the total outlays on property, plant and equipment have increased over 4 times.
Author Hanna Klimek ITiHM
Hanna Klimek,,
- Institute of Maritime Transport and Seaborne Trade
, Ryszard Rolbiecki KPT
Ryszard Rolbiecki,,
- Department of Transportation Policy
Journal seriesResearch Journal of the University of Gdansk. Transport Economics and Logistics, ISSN 0208-4821
Issue year2017
Vol69
Pages27-38
Publication size in sheets0.55
Keywords in Englishfinancial results, seaports, handling-warehousing companies, investment outlays
DOIDOI:10.5604/01.3001.0010.5559
URL http://znetil.ug.edu.pl/index.php/etil/article/view/102/89
Languageen angielski
Score (nominal)8
ScoreMinisterial score = 8.0, 15-12-2017, ArticleFromJournal
Ministerial score (2013-2016) = 8.0, 15-12-2017, ArticleFromJournal
Citation count*0
Cite
Share Share



* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
Back