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Hapag-Lloyd Posts 3% Lower Net Profit in First Half
11 Articles
11 Articles
Hapag-Lloyd is in demand with customers, transport volumes are increasing. At the same time, higher costs are added to the Hamburg-based company, which has an impact on profits.
Hapag-Lloyd recently transported more containers. However, given higher costs, the profits of the largest German container shipping company decreased.
Hapag-Lloyd posts 3% lower net profit in first half
German container shipping company Hapag-Lloyd, the world's fifth largest, today posted a 3.1% decline in its first-half net income to €709m and brought down the top of its full-year earnings forecast range, citing geopolitical uncertainty.
Bullish Hapag Lloyd reports 'solid half-year results in a volatile market' - The Loadstar
Hapag-Lloyd today posted H1 numbers that included reduced profits, but the carrier remained bullish its growth could continue to outpace the market. Being one of the last major carriers to post its financial results, having to come up with a new way to iterate “external factors are a mess, please bear that in mind when you look at our numbers”, must be a challenge. The German liner went with: “Solid half-year ... The post Bullish Hapag Lloyd r…
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