CMA CGM suffers US$94m loss
CMA CGM has suffered a US$94m pre-tax loss in the second quarter of the year with like-for-like revenue dropping by 19%.
Excluding the recently-acquired NOL’s contribution, the company’s net loss stood at US$109m.
Revenue excluding NOL’s contribution went down from US$4.1bn to US$3.3bn in the second quarter of the year, while its total revenue was down 15% to US$3.5bn.
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