Independent journal on economy and transport policy
18:26 GMT+1
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Carnival Corporation expects to close the June-August quarter with a net loss of -2.86 billion
The adjusted operating result amounts to -1.70 billion
September 15, 2020
Today, the U.S. cruise group Carnival Corporation unveiled preliminary results in the third quarter of fiscal year 2020, which ended on August 31 and is expected to be filed with a net loss of -2.86 billion compared to a net profit of 1.78 billion in the June-August period of 2019. The adjusted financial year result of the third quarter of fiscal year 2020, which mainly includes the effect of proceeds of 937 million resulting from the sale of vessels or writedowns compared to proceeds of 14 million in the same period of last year, has a negative sign value and equal to -1.70 billion compared to non-GAAP operating profit of 1.82 billion in the third quarter of fiscal year 2019.
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