13 de mayo de 2014 / 9:04 / hace 3 años

Hapag-Lloyd says Q1 loss widens on low rates, weak dollar

1 MIN. DE LECTURA

FRANKFURT, May 13 (Reuters) - German shipping company Hapag-Lloyd widened its first-quarter operating loss to 63.2 million euros ($86.93 million)from 53.2 million as revenues declined, hit by a weak U.S. dollar and low freight rates.

Hapag-Lloyd said on Tuesday its net loss for the quarter increased to 119.1 million euros from 93.6 million while revenues reached 1.55 billion from 1.65 billion.

$1 = 0.7270 Euros Reporting by Marilyn Gerlach; Editing by Victoria Bryan

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