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- Jul 25, 2013
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Think we ought to exercise care in sizing up CMA CGM's consolidated(group) 1Q results.
Attributable to NOL business was $26mil.
Still doesn't alter the fact the frogs turned the red ink in less than 1 year, and 1st time ever since 2011.
http://www.reuters.com/article/us-cmacgm-results-idUSKCN18F1I9
A net profit of $26 million for the former NOL business represented a first quarterly net profit for NOL since 2011, CMA CGM said.
http://www.theindependent.sg/french-company-makes-nol-profitable-less-than-1-year-after-acquiring-it-from-spore/
The late GKS asserted that the scholars/civil service are not a good profitable mix with running a successful business.
cool poster.