COSCO SHIPPING Development Co ( (HK:2866) ) has provided an announcement.
COSCO SHIPPING Development Co., Ltd. reported its annual financial results for the year ended December 31, 2024, showing a significant increase in revenue from continuing operations, amounting to RMB27.4 billion. The company achieved a profit before tax of RMB1.55 billion and a profit attributable to owners of RMB1.69 billion, reflecting strong performance in both continuing and discontinued operations. The board has proposed a final dividend of RMB0.019 per share, indicating a positive outlook for shareholders.
More about COSCO SHIPPING Development Co
COSCO SHIPPING Development Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the shipping and logistics industry. The company focuses on providing shipping-related services and products, contributing significantly to the global shipping market.
YTD Price Performance: -16.43%
Average Trading Volume: 28,254
Technical Sentiment Signal: Sell
Current Market Cap: $3.74B
See more insights into 2866 stock on TipRanks’ Stock Analysis page.