Samudera Shipping says 3QFY2023 earnings and revenue lower y-o-y

Samudera Shipping warns that both revenue and earnings for its 3QFY2023 are lower y-o-y, due to a “decline in the general market demand which resulted in lower container volume handled and freight rates year-on-year.” The freight rate level is likely to continue for the rest of the financial year, the Indonesia-based, Singapore-listed shipper warns on …

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