September 27, 2018 / 1:21 PM / 2 months ago

Carnival profit rises on higher ticket prices, on-board spending

Sept 27 (Reuters) - Carnival Corp reported a 28 percent rise in quarterly profit on Thursday as the world’s largest cruise operator benefited from higher ticket prices and on-board spending.

The company’s net income rose to $1.71 billion, or $2.41 per share, in the third quarter ended Aug. 31, from $1.33 billion, or $1.83 per share, a year earlier.

Carnival’s net revenue rose to $5.84 billion from $5.52 billion. (Reporting by Vibhuti Sharma in Bengaluru Editing by Saumyadeb Chakrabarty)

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