CSAV 2Q24 2024 Earnings Results

CSAV reported 2Q24 net profit of US$28.8 million driven by strong results from subsidiary Hapag-Lloyd (US$136.4 million), offset by tax provisions related to foreign dividends. The company improved its credit rating to A- and paid approximately US$1.1 billion in dividends, while Hapag-Lloyd achieved group profits of US$791 million in H124.