Zim lands profit after restructuring

Israeli Zim made a USD 35 million profit in the first quarter of the year, a considerable improvement from the same period last year.

BY KATRINE GRØNVALD RAUN AND LOUISE VOGDRUP-SCHMIDT

The Israeli container carrier returned to profitability in the first quarter of the year, where the company delivered a USD 35 million net result, according to the interim report. The carrier suffered a USD four million deficit in the same period 2014.

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