ZIM’s year-over-year operating cash flow zoomed upward by more than 70% in the first quarter of 2020.
The Israel-based container carrier reported operating cash flow of $101.6 million in Q1, a 70.2% increase from the $59.7 million reported in 2019.
ZIM Integrated Shipping Services Ltd. said that despite the challenging and unprecedented business environment during the coronavirus pandemic, it continued to improve its commercial and financial performance and expand its global network.
Adjusted net...
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