COSCO Shipping Energy Transportation's Q3 Profit Falls 11%

MT Newswires Live

2024-10-31

COSCO Shipping Energy Transportation (SHA:600026, HKG:1138) attributable profit fell 11% year over year to 808.5 million yuan in the third quarter, according to a Thursday filing with the Shanghai Stock Exchange.

Earnings per share at the oil tanker shipping company decreased 11% year over year to 0.1695 yuan.

Operating income grew 11% year over year to 5.49 billion yuan.

Shares fell 1% during Thursday's trading.

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