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IN BRIEF: Global Ports swings to quarterly loss on cruise shutdown
Global Ports Holding PLC - London-based cruise port operator - Like-for-like revenue rises 9.4% to USD13.9 million in three months ended March 31, from USD12.7 million year-on-year. Adjusted earnings before interest, tax, depreciation and amortisation show a loss of USD2.6 million, swung from a profit of USD4.0 million. Cruise passenger numbers are down 99% year-on-year, due to the pandemic.
Global Ports is in the process of changing its financial calendar to end in March instead of December.
Current stock price: 130.50 pence
Year-to-date change: up 28%
By Ivan Edwards; ivanedwards@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Latest GPH News
- Global Ports backs takeover by largest shareholder as swings to profit
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17 Jun 2024 - Global Ports earnings rise as passengers numbers soar 46% during year
14 Jun 2024 - Global Ports Holding hails Covid recovery as passenger figures surge
30 Apr 2024 - IN BRIEF: Global Ports given preferred bidder status for Moroccan port
5 Apr 2024
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GPH.L News
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