CMA CGM moved back into the black in the first quarter, thanks to the sale of terminals, and the carrier remains bullish about the outlook despite the impact of Covid-19 on its liftings.
The French transport and logistics group recorded a $48m net profit for Q1, compared with a loss of $37m the year before – but this was only achieved due to a $185m gain from the disposal of eight …
The post Assets sale boosts CMA CGM in Q1: ‘market conditions are poor but profits are up’ appeared first on The Loadstar.
Source: The Loadstar
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