French ocean carrier CMA CGM reported revenue of US$12.3 billion and net income of US$1.3 billion in the second quarter of the year. These figures represent huge year-on-year decreases over the previous record year for the container lines when CMA CGM achieved US$19.5 billion in revenue and US$7.6 billion in profit.
Additionally, the company’s earnings before interest, taxes, depreciation and amortization (EBITDA) reached US$2.6 billion, translating to a 73% year-on-year decline.
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https://container-news.com/cma-cgm-exceeds-us12-million-in-second-quarter-revenues/