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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 Earnings, Trading Statements Calendar - Next 7 Days
19 Mar 2020 - Global Ports Halts Dividend For 2019 Amid Covid-19 Uncertainty
11 Mar 2020 - Global Ports suspends dividend as coronavirus threatens trade
11 Mar 2020 - Global Ports Malaga Cruise Port Concession Stake Rises On Creuers Buy
24 Jan 2020 - Global Ports Completes Acquisition Of La Goulette Port Operator
6 Jan 2020 - Shore Capital praises Global Ports' Asian operations
23 Dec 2019 - Global Ports Expands Asian Portfolio By Adding Ha Long Bay In Vietnam
18 Dec 2019 - Global Ports signs 15-year management contract for Vietnam cruise port
18 Dec 2019
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GPH.L News
UK Earnings, Trading Statements Calendar - Next 7 Days
UK Earnings, Trading Statements Calendar - Next 7 Days
Global Ports Halts Dividend For 2019 Amid Covid-19 Uncertainty
Global Ports Halts Dividend For 2019 Amid Covid-19 Uncertainty
Global Ports suspends dividend as coronavirus threatens trade
(Sharecast News) - Global Ports Holding has suspended its 2019 dividend, blaming uncertainty about the prospects for global trade caused by the corona...
Global Ports Malaga Cruise Port Concession Stake Rises On Creuers Buy
Global Ports Malaga Cruise Port Concession Stake Rises On Creuers Buy
Global Ports Completes Acquisition Of La Goulette Port Operator
Global Ports Completes Acquisition Of La Goulette Port Operator
Shore Capital praises Global Ports' Asian operations
(Sharecast News) - Analysts at Shore Capital Markets took a fresh look at Global Ports Holding on Monday following some recently announced news over a...
Global Ports Expands Asian Portfolio By Adding Ha Long Bay In Vietnam
Global Ports Expands Asian Portfolio By Adding Ha Long Bay In Vietnam
Global Ports signs 15-year management contract for Vietnam cruise port
(Sharecast News) - Independent cruise port operator Global Ports Holding has signed a 15-year management service agreement with Ha Long Sun for the Ha...
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