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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
- UK shareholder meetings calendar - next 7 days
13 Sep 2022 - IN BRIEF: Global Ports signs 30-year lease for Puerto Rico port
17 Aug 2022 - Global Ports finishes process to start operation of three cruise ports
9 Aug 2022 - UK shareholder meetings calendar - next 7 days
22 Jul 2022 - Global Ports Holding shares tumble 17% after takeover talks fail
12 Jul 2022 - IN BRIEF: Global Ports JV agrees on concession terms for cruise port
11 Jul 2022 - IN BRIEF: Global Ports thanks cruise rebound for annual recovery
11 May 2022 - IN BRIEF: Global Ports sees 9 month revenue rise and swings to profit
11 Mar 2022
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GPH.L News
IN BRIEF: Global Ports signs 30-year lease for Puerto Rico port
Global Ports Holding PLC - London-based cruise port operator - Signs agreement with Puerto Rico Ports Authority to lease San Juan Cruise Port for 30 y...
Global Ports finishes process to start operation of three cruise ports
(Alliance News) - Global Ports Holding PLC said its 80%-owned joint venture Global Ports Canary Islands SL has completed the request for proposal proc...
Global Ports Holding shares tumble 17% after takeover talks fail
(Alliance News) - Global Ports Holding PLC and Mediterranean Shipping Co SA's subsidiary SAS Shipping Agencies Services SARL on Tuesday announced that...
IN BRIEF: Global Ports JV agrees on concession terms for cruise port
Global Ports Holding PLC - London-based cruise port operator - Notes its joint venture with Sepcan SL, Global Ports Canary Islands SL, agreed on the c...
IN BRIEF: Global Ports thanks cruise rebound for annual recovery
Global Ports Holding PLC - London-based cruise port operator - Annual revenue in year ended March 31 grows 65% to USD130.8 million from USD79.4 in the...
IN BRIEF: Global Ports sees 9 month revenue rise and swings to profit
Global Ports Holding PLC - London-based cruise port operator - For the period from April 1 to December 31, the first nine months of Global Ports' 2022...
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