ZIM reports net loss for the full year 2023
NewsNet loss for the full year, including a $2.06 billion non-cash impairment loss, was $2.69 billion (compared to a net profit of $4.63 billion for the full year of 2022).
Zim Integrated Shipping Services is the latest carrier to post poorer quarterly results. However, while most of its competitors remained profitable, Zim posted a net loss for the period of US$2.3B. This included a non-cash impairment loss of US$2.1B. In the corresponding period of 2022, Zim reported a profit of US$1.2B.
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