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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 warns on earnings as tariffs hit commercial business
11 Dec 2019 - Global Ports Warns On Earnings As Trade Tariffs Hit Port Activity
11 Dec 2019 - UK Dividends Calendar - Next 7 Days
22 Nov 2019 - UK Earnings, Trading Statements Calendar - Next 7 Days
5 Nov 2019 - UK Dividends Calendar - Next 7 Days
24 Oct 2019 - Global Ports Begins Operations At Cruise Port In Antigua & Barbuda
24 Oct 2019 - Global Ports Begins Operations At Nassau Cruise Port In Bahamas
10 Oct 2019 - Global Ports takes on operation of Bahamas cruise terminal
10 Oct 2019
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GPH.L News
Global Ports warns on earnings as tariffs hit commercial business
(Sharecast News) - Global Ports said annual earnings would fall after trade tariffs reduced the flow of container ships through its commercial ports.
Global Ports Warns On Earnings As Trade Tariffs Hit Port Activity
Global Ports Warns On Earnings As Trade Tariffs Hit Port Activity
UK Earnings, Trading Statements Calendar - Next 7 Days
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Global Ports Begins Operations At Cruise Port In Antigua & Barbuda
Global Ports Begins Operations At Cruise Port In Antigua & Barbuda
Global Ports Begins Operations At Nassau Cruise Port In Bahamas
Global Ports Begins Operations At Nassau Cruise Port In Bahamas
Global Ports takes on operation of Bahamas cruise terminal
(Sharecast News) - Cruise port operator Global Ports Holding confirmed on Thursday that, on 9 October, it started operating Prince George Wharf Cruise...
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