Denmark-based conglomerate A.P. Moeller-Maersk A/S (AMKBF.PK,AMKAF.PK) reported a plunge in first-quarter pre-tax profit to 8.48 billion Danish kroner from 15.03 billion Danish kroner last year. In US Dollar terms, pre-tax profit amounted to $1.50 billion, a 46% drop from the prior year's $2.75 billion.
However, profit for A.P. Moller - Maersk's share was 6.15 billion Danish kroner, higher than 6.08 billion Danish kroner a year earlier.
Quarterly revenue totaled 81.25 billion Danish kroner, up 3% from 79.11 billion Danish kroner a year before.
For 2012, the A.P. Moller - Maersk Group expects a result slightly lower than the level reported in 2011.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.