Cargo Handlers Limited is reporting a 17% drop in net profit, falling to $92.3 million for the quarter ending September 30.
This compares to $111.7 million profit during the same period last year.
The decline was driven largely by a sharp reduction in foreign exchange gains, which fell from $25 million in 2024 to $10 million this year.
The company also highlighted continued uncertainty in the global shipping industry, noting that volatility in US trade policy could impact its operations.
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