Carnival Corp’s net income for Q1 reaches $49M

Posted on Tuesday, April 14th, 2015 at 6:03 pm    

Miami,-based British-American multinational cruise company Carnival Corp announced on March 27 that its net income for the first quarter of 2015, or the three-month period ending February 28, reached $49 million, the Sun Sentinel reported.

Onboard revenue grew by 4.6% from 2014’s records; however, total revenue dipped by 1.5% to $3.5 billion from $3.6 billion during the same period the previous year.

Carnival Corp. president and chief executive officer Arnold Donald said the Carnival Cruise Line brand owes its good start to lower fuel costs and higher onboard spending and that its current trajectory seems to predict another strong year.

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