CMA CGM Group’s Profit Hits $5.6 Billion For Q3 2021; Revenue Increases By 89.4% From Last Year

CMA CGM Ship passing panama canal

CMA CGM has recorded a whopping profit of $5.6 billion in 2021’s third quarter. This is an increase from $567 million recorded during the same phase last year.

In Q3 2021, CMA CGM’s revenue touched $15.3 billion, increasing by 89.4% compared to 2020’s third quarter. Driven primarily by its exclusive shipping portfolio, its EBITDA was $7.1 billion.

In 2021’s third quarter, the Group managed to transport 5.5 million TEU. It is a decrease of 2.5% to 2020’s third quarter when worldwide trade...

https://www.marineinsight.com/shipping-news/cma-cgm-groups-profit-hits-5-6-billion-for-q3-2021-revenue-increases-by-89-4-from-last-year/

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