The latest update is out from COSCO SHIPPING Holdings Co ( (HK:1919) ).
COSCO SHIPPING Holdings Co., Ltd. reported a substantial increase in its financial performance for the year ended December 31, 2024. The company’s revenues rose by 33.29% to RMB233.86 billion, while profit attributable to equity holders more than doubled, reaching RMB49.17 billion, representing a 106.09% increase compared to the previous year. The impressive financial results highlight COSCO SHIPPING Holdings’ strong market positioning and operational efficiency, potentially benefiting stakeholders through proposed dividends and reinforcing its competitive edge in the shipping industry.
More about COSCO SHIPPING Holdings Co
COSCO SHIPPING Holdings Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating in the shipping and logistics industry. The company focuses on providing comprehensive shipping services and is a significant player in the global shipping market.
YTD Price Performance: -3.54%
Average Trading Volume: 1,758
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $30.35B
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