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CMA CGM Group reports quarterly profit of just above USD 2 billion

CMA CGM bags first quarter profit of more than USD 2 billion, and the French liner major expects that the "sustained demand" in the container market will continue for the rest of 2021.

Photo: PR-FOTO

French liner major CMA CGM exits the first quarter of the year with a much-improved bottom line in an unprecented container market that looks set to continue.

The company's net profit grew from USD 48 million in the first quarter last year to now just over USD 2 billion in the latest quarter, shows the interim report published Friday.

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