Polaris Shipping Co., Ltd. announced financial results for the 1st Half, ended June 30, 2016.

Compare to last year’s 1H, Revenue decreased by 21% which makes Approx. 3 trillion KRW. Its due to muted global trade growth and the economic slowdown. Even in this serious economic crisis, 1H's ROS reached to 19.7%, 3.4% higher than last year's 1H,

Polaris’s 2016 first-half results are as below.