Cosco Shipping Holdings posts a jump in profits
Recurring profits in the first quarter soared by 261.7% year on year to Yuan542.7m, while total revenue increased 60% to Yuan35.1bn, having consolidated OOIL’s results into the book
Cosco Shipping Lines, CSH’s home-grown liner shipping unit, saw liftings up 3.7% to 4.3m teu in the three months, while revenue from routes expanded 14.5%
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