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COSCO SHIPPING Energy Transportation Enhances Risk Management Framework

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COSCO SHIPPING Energy Transportation Enhances Risk Management Framework

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The latest update is out from COSCO SHIPPING Energy Transportation Co ( (HK:1138) ).

COSCO SHIPPING Energy Transportation Co., Ltd. has announced amendments to the rules governing its Risk Control and Compliance Management Committee, which aims to enhance corporate governance and risk management. The committee, composed of directors including independent non-executive directors, is tasked with overseeing risk identification and management, ensuring compliance, and supporting the board in decision-making processes. These changes are intended to bolster the company’s internal control systems and align with regulatory standards, potentially strengthening its market position and operational resilience.

The most recent analyst rating on (HK:1138) stock is a Buy with a HK$9.50 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.

More about COSCO SHIPPING Energy Transportation Co

COSCO SHIPPING Energy Transportation Co., Ltd. operates in the shipping industry, focusing on the transportation of energy products. The company is involved in the management and operation of a fleet that transports oil and other energy-related commodities, primarily serving markets in Asia and beyond.

Average Trading Volume: 27,638,725

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$57.16B

For detailed information about 1138 stock, go to TipRanks’ Stock Analysis page.

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