Beijing - Chinese shipping giant Cosco Shipping Holding has announced an estimated record net profit of RMB55.37 billion ($7.55 billion) in 2024.
The RMB55.37 profit for last year by Cosco Shipping Holding represents substantial growth of 94.99% as compared to 2023.
The company said that in 2024, the cargo volume of the container shipping market displayed a moderate growth trend overall.
“Coupled with factors such as the escalating situation in the Red Sea region which . . .
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