ZIM’s total revenues have more than doubled for the first quarter of the year, reaching US$1.74 billion, primarily driven by an increase in revenues from containerised cargo, reflecting growth in both freight rates and carried volume, while the company’s net income climbed to US$589.6 million compared to a net loss of US$11.9 million for 2020 Q1.
“Driven by ZIM’s differentiated approach and proactive strategies, we generated our highest ever quarterly net profit, EBITDA, and cash flow, while...
https://container-news.com/zim-skyrockets-revenues-and-earnings-during-2021-first-quarter/