CMA CGM reports $48 million profit, receives $1.18 billion loan

The CMA CGM Group said that despite the financial and operational challenges posed by the coronavirus pandemic, it was able to turn in a solid first-quarter performance that included a net profit of $48 million.

CMA CGM said other Q1 achievements included increased liquidity, improved operating margin and initiatives toward carbon neutrality.

“The good results of the first quarter demonstrate the strength and the resilience of the group,” said Rodolphe Saadé, chairman and chief executive officer...

https://s29755.pcdn.co/news/cma-cgm-reports-48-million-profit-receives-1-18-billion-loan

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