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Danish container logistics major AP Moller – Maersk reported Thursday that its first-quarter net income group share plunged to $177 million from last year’s $2.28 billion. Earnings per share were $11, down from $131 a year ago. Underlying profit was $210 million for the quarter, compared to prior year’s $2.56 billion. Profit before financial items or EBIT declined to $177 million from last year’s $2.33 billion. Profit before depreciation, amortisation and impairment losses, etc. or EBITDA was $1.59 billion, down from last year’s $3.97 billion. Underlying EBITDA was $1.60 billion, compared to $…

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