A.P. M?ller - M?rsk A/S Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 02, 2021 at 08:24 am
Share
A.P. M?ller - M?rsk A/S reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 16,612 million compared to USD 9,917 million a year ago. Net income was USD 5,438 million compared to USD 927 million a year ago. Basic earnings per share from continuing operations was USD 287 compared to USD 48 a year ago. Diluted earnings per share from continuing operations was USD 287 compared to USD 48 a year ago.
For the nine months, sales was USD 43,281 million compared to USD 28,485 million a year ago. Net income was USD 11,848 million compared to USD 1,551 million a year ago. Basic earnings per share from continuing operations was USD 620 compared to USD 79 a year ago. Diluted earnings per share from continuing operations was USD 619 compared to USD 79 a year ago.
A.P. Møller - Mærsk A/S is the world's leading maritime transport company. The group's activity is organized around two sectors:
- maritime freight transport : at the end of 2023, operated a fleet of over 707 vessels (container vessels, tugs, supply vessels, gas carriers, and other specialized transporters). The group also offers port and logistical services;
- other: primarily activities related to shipyard construction, factory management (plastic and rubber products), and business holdings.
Net sales are distributed geographically as follows: Denmark (1.7%), United States (22.4%), China and Hong Kong (5.5%), Germany (3.3%), the United Kingdom (3.6%), Netherlands (3 .1%), Brazil (2.8%), Mexico (2.7%), India (2.7%), Spain (2.6%), Australia (2.5%), Singapore (1.9%) %), Costa Rica (0.7%) and others (44.5%).