Norwegian Cruise Line Holdings, parent company of Norwegian Cruise Line and NCL America, has reported a deep loss for both the second quarter and first half of the year due to mounting financing costs, figures released by the company show.
In the second quarter, net losses amounted to $8.9 million compared to a profit of $36.0 million a year earlier. Revenues rose to $457.6 million from $416.2 million, but net interest expenses soared to $103.9 million from $48.9 million.
In the first half, the loss amounted to $103.2 million in a sharp reversal from a profit of $39.6 million a year earlier. Revenues increased to $816.5 million from $767.5 million, but again net financing costs increased far more, to $231.4 million from $95.0 million a year earlier.
