Hapag-Lloyd posts half year loss following UASC integration
Hapag-Lloyd recorded a net profit of €16m (US$19.2m) in the second quarter of 2017, although posted a loss of €46.1m (US$55.3m) in its half year results.
Both figures are considerably better than the carrier’s 2016 second quarter and half year results, which were losses of €44.5m (US$53.5) and €142.1m (US$170.7m) respectively.
The half year’s deficit is somewhat attributed to the US$130m integration of UASC, which was completed on May 24, 2017.
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