- Pacific International Lines (PIL) remains in the red, with a net loss that nearly doubled to US$120 million for the first half of 2020.
- Releasing its H1 2020 results on 18 November, the cash-strapped PIL said that it recorded revenue of US$1.03 billion during Covid-19.
- This compares with a net loss of US$65 million and revenue of US$1.93 million in same period in 2019.
According to a recent articles published in the Container News, PIL’s losses double in first half of 2020.
PIL total liabilitieshttps://mfame.guru/pacific-international-lines-losses-double-in-2020/