Maersk net profit doubles in January-September


11/02/2022

According to the business's financial documents, the net profit of the Danish corporation A.P. Moller-Maersk A/S (Maersk) for the first three quarters of the year totaled 24.34 billion dollars, which was twice as much as a year earlier.



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The company's sales over the same period also increased by 50%, to $63.709 billion. Additionally, EBITDA was $30.273 billion, nearly doubling from the previous year.

The business's net income for the third quarter climbed 1.6 times on an annual basis to $8.911 billion. The amount of revenue rose 1.3 times to 22.767 billion. Up 1.6 times to $10.862 billion, EBITDA.

Including the Ocean segment, which specializes in container shipments, revenue for these three quarters rose by 15.8% to 3.372 billion in terminals and by 1.5 times in annual terms to $51 billion. Logistics & Services revenues also rose 1.5 times, to $10.563 billion.

source: bloomberg.com