COSCO SHIPPING International (Hong Kong) Co (HK:0517) has released an update.
COSCO SHIPPING International (Hong Kong) Co., Ltd. has reported a robust 2024 interim with an 8% increase in revenue, driven by the coatings and insurance brokerage segments. Gross profit soared by 17%, with a gross profit margin climbing to 23%, largely due to higher-margin segments. Furthermore, the Company experienced a 16% surge in profit attributable to equity holders, leading to an increase in both basic and diluted earnings per share by 17%, and declared an interim dividend increase.
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