COSCO SHIPPING Forecasts Strong Profit Growth

COSCO SHIPPING Holdings Co (HK:1919) has released an update.

COSCO SHIPPING Holdings Co. anticipates a robust financial performance for the first three quarters of 2024, with expected increases in EBIT by 63.72%, and net profit by 66.67% from the same period in 2023. The company also projects a substantial 72.72% rise in net profit attributable to shareholders. Investors are urged to exercise caution when dealing in the company’s securities.

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