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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
- IN BRIEF: Global Ports says cruise port occupancy back to pre-pandemic
18 Aug 2023 - Global Ports launches subscription deal with Global Yatirim Holding
14 Jul 2023 - Global Ports returns to pre-pandemic levels as travel restrictions end
10 Jul 2023 - TRADING UPDATES: Online Blockchain keeping ADVFN at "arms length"
15 May 2023 - TRADING UPDATES: NWF beats market view; AFC hydrogen offering progress
9 Mar 2023 - IN BRIEF: Global Ports Holding interim loss narrows on Covid recovery
20 Dec 2022 - TRADING UPDATES: Rogue Baron names chair; Mobile Streams wins contract
14 Nov 2022 - Global Ports signs 30-year memorandum of understanding in Saint Lucia
24 Oct 2022
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