C H Robinson Worldwide Inc has reported financial results for the three months and nine months ended Sept 30, 2002. For third-quarter 2002, gross profits
C H Robinson Worldwide Inc has reported financial results for the three months and nine months ended Sept 30, 2002.
For third-quarter 2002, gross profits increased 8.7% to $123.1 million from $113.2 million in 2001. Income from operations rose 21.8% to $42.4 million from $34.8 million in 2001. Net income climbed 14.7% to $26.0 million from $22.6 million in 2001.
For the first nine months of 2002, gross profits increased 4.0% to $358.3 million from $344.5 million in 2001. Income from operations advanced 16.4% to $117.2 million from $100.7 million in 2001. Net income gained 13.6% to $72.0 million from $63.4 million in 2001.
Results from third-quarter and the first nine months of 2001 include other income of $2.0 million from unusual items, principally a gain on sale.
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
Waiting for a breakdown is costing you. Learn how smart preventive maintenance plans, accurate data, and cross-team coordination can protect your bottom line and boost profits...
Is your fleet ready for California's Clean Truck Check program? Our guide helps you navigate CARB compliance, avoid costly fines, and keep your trucks rolling. Learn how telematics...
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...