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Maersk's net profit sinks amid Red Sea attacks

CGTN

 , Updated 15:20, 02-May-2024

Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday following Yemeni rebel attacks in the vital Red Sea maritime route. 

Maersk reported a net profit of $177 million in the first three months of the year, a 13-fold drop from the same period last year.

Source(s): AFP
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