SINGAPORE, 12 August 2011 – Global container shipping and logistics group Neptune Orient Lines (NOL) today reported a net loss of US$67 million for the first half of 2011 compared to a US$1 million net profit in the same period a year ago. The Group said it lost US$57 million in the second quarter of 2011.
NOL reported a 9% revenue increase in the first half of 2011 to US$4.595 billion. It announced a Core EBIT (Earnings Before Interest and Taxes) loss of US$28 million......
