A.P. Moller-Maersk Posts 43% Drop In 2011 Net Profit

A.P. Moller-Maersk A/S reported a 43% drop in its 2011 net profit. Its full-year 2011 net profit declined to DKK15.19 billion, versus DKK26.46 billion, in the year-ago period. Its sales climbed 2.3% to DKK322.52 billion from DKK315.40 billion.