COSCO SHIPPING Development Co (HK:2866) has released an update.
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COSCO SHIPPING Development Co., Ltd. has announced its unaudited interim financial results for the first half of 2024, showcasing a substantial revenue increase of 105.2% from the previous year, reaching RMB 11.66 billion. However, the company experienced an 18.8% decrease in profit attributable to owners compared to last year, with earnings amounting to RMB 895.49 million. Despite the mixed financial performance, the basic earnings per share stood at RMB 0.0661.
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