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COSCO SHIPPING Energy Reports Revenue and Profit Growth for 2024

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COSCO SHIPPING Energy Reports Revenue and Profit Growth for 2024

An update from COSCO SHIPPING Energy Transportation Co ( (HK:1138) ) is now available.

COSCO SHIPPING Energy Transportation Co., Ltd. reported a revenue increase of approximately RMB580 million, reaching RMB23,133 million for the year ended December 31, 2024, marking a 2.57% growth from the previous year. The company’s profit attributable to equity holders rose to RMB4,038 million, up from RMB3,379 million in 2023, with earnings per share also increasing. This financial performance highlights the company’s strong market positioning and operational efficiency, potentially benefiting stakeholders and enhancing its competitive stance in the energy transportation sector.

More about COSCO SHIPPING Energy Transportation Co

COSCO SHIPPING Energy Transportation Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates in the energy transportation industry, focusing on the shipping and transport of energy-related products.

YTD Price Performance: 9.11%

Technical Sentiment Signal: Hold

Current Market Cap: $6.59B

See more data about 1138 stock on TipRanks’ Stock Analysis page.

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