Singapore’s flagship carrier lost $34.62m in the three months to the close of June, an improvement on the $117.85m reversal of a year ago.
The number is also far better than the $93m consensus among analysts tracking the company.
Ng Yat Chung, CEO of the container line, said in a statement: “Market conditions have worsened in the second quarter of this year compared to a year before.
“Our