Record-breaking Q3 for Zim as volumes, margins and profits soar

Capt. John

Israeli carrier Zim recorded its highest quarterly profits in Q3 as it enjoyed soaring margins and growing volumes.
The carrier this morning reported a quarterly net profit of $144.4m, an astonishing 2,818% increase over the $5m recorded in the third quarter of 2019.
Adjusted ebitda of $262.1m in the third quarter was also a record, and compares with $106.8m in Q3 19, representing an increase of 145.4%
Total revenues for the period were …

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