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30 March 2020 The on-line newspaper devoted to the world of transports 07:45 GMT+2



August 20, 1998

P&O Nedlloyd Q2 result lower due to Asian crisis

P&O Nedlloyd operating profit fell from $36 million in Q2 1997 to $22 million in Q2 1998. The main reasons for this were lower revenue rates and the wider impact of Asia. However, P&O Nedlloyd achieved a record throughput for the 2nd quarter.
Volumes out of Asia continue to be extremely strong, volumes going into Asia are weak. The Asian situation ......
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