Zim upgrades guidance significantly after landing major profit in second quarter

Soaring earnings in the Israeli container line Zim's second quarter surpassed analysts' expectations by 50 percent. Zim again upgrades its full-year guidance significantly.

Photo: Zim

The world's 11th largest container carrier, Israeli Zim, has had a terrific second quarter, with explosive revenue and earnings growth, according to a financial announcement.

The results have astonished share analysts, and Zim is raising its expectations for the full year significantly.

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