International Shipholding's 4Q profit lower

Friday, February 03, 2012

International Shipholding Corp. reported a profit of $1.8 million for the three months ended Dec. 31, compared to $8.9 million for the the final three months of 2010. Revenue for the fourth quarter of 2011 was $61.8 million, compared to $57.7 million in the final quarter of 2010. For the full-year 2011, net income was $31.5 million, compared to $15.3 million for the year prior. Revenue for the full year was $263 million, compared to $290 million in 2010. &...

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