COSCO Shipping Development's Profit Rises 20%, Revenue Jumps 76% in 2024

MT Newswires Live

04-01

COSCO Shipping Development's (HKG:2866, SHA:601866) profit attributable to owners in 2024 climbed 20% to 1.69 billion yuan from 1.41 billion yuan, according to a Hong Kong Stock Exchange filing on March 28.

Earnings per share increased year on year to 0.12 yuan from 0.10 yuan.

The Chinese container manufacturing company jumped 76% to 27.4 billion yuan from 15.5 billion yuan in the preceding year, the filing said.

The company's Hong Kong shares rose 1% in recent trade.

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