Maersk Q2 Results: Profit drops 45% to $833 million over disruptions in global supply chains
The Red Sea crisis has led to increased operating costs for Maersk, it said, necessitating rerouted shipping lanes that have impacted the company's overall profitability. Despite this, Maersk’s revenue for the quarter was $12,771 million, slightly down from $12,988 million reported a year earlier.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
