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Cosco Shipping profits up 67% in first nine months of 2024

October 14, 2024
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Cosco Shipping profits up 67% in first nine months of 2024

Beijing - Cosco Shipping Holdings booked a net profit of RMB43.34bn ($6.1bn) for the first three quarters of 2024, representing an increase of 66.67% compared to the same period in 2023.

Earnings before interest and tax are expected to reach RMB54.41bn ($7.7bn) for the first nine months, growing 63.72% year-on-year.

Cosco Shipping commented that in the first three quarters, there had been moderate growth in the cargo volume in major global markets, continuous impact . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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