Hapag-Lloyd’s net profit came in at $54m last year after the carrier recovered well from a loss-making first six months, which in June obliged it to issue a profit warning.
Chief executive Rolf Habben Jansen said the transport group was “satisfied with the financial results”.
In terms of its 3.8% ROIC (return on invested capital), the Hamburg-based liner trumped its bigger peers, CMA CGM and Maersk, in 2018. They reported disappointing ROICs …
The post More profitable second half helped Hapag-Lloyd stay in the black appeared first on The Loadstar.
Source: The Loadstar
Be the first to comment on "More profitable second half helped Hapag-Lloyd stay in the black"