Israeli container carrier Zim Integrated Shipping today reported a full-year 2023 net loss of $2.69bn, including a $2.06bn non-cash impairment loss, and a net loss of $147m for the fourth quarter, prompting a 15% decline in its share price.
These results compared with a full-year profit of $4.63bn in 2022, and a net profit of $417m for the fourth quarter 2022, with the declines largely based on a steep revenue drop …
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