Zim scales up its box ship fleet to challenge its liner rivals
Israeli carrier Zim achieved the biggest jump in average vessel capacity among the top ten ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
SEEKING ALPHA reports:
– ZIM Integrated Shipping Services (NYSE:ZIM) will not pay a dividend to shareholders on account of the net loss recorded in the first quarter of 2023.
– The company’s dividend policy remains unchanged, distributing 30-50% of annual net income as a dividend to shareholders. Dividend payments will be made on a quarterly basis at a rate of 30% of the net quarterly income of the first three fiscal quarters of the year…
The full post is here.
The full Q1 23 numbers are here.
Previously out on Seeking Alpha: “ZIM GAAP EPS of -$0.50 misses by $0.28, revenue of $1.37B misses by $220M“.
Stock down 9% in pre-market trade.
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