Hapag-Lloyd ended the first nine months of the year with Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of US$4.5 billion and Earnings Before Interest and Taxes (EBIT) of US$3 billion, while the company’s profit reached US$3.4 billion.
Because of a major shift in market conditions, these results are much lower than the prior-year level, noted the German ocean carrier, whose business activities have been separated for the first time, with the expansion of its terminal...
https://container-news.com/hapag-lloyd-sees-lower-revenues-and-earnings-in-2023-9m/