Independent journal on economy and transport policy
14:34 GMT+2
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COSCO expects to close the first quarter of 2022 with record earnings
An EBIT of 39.3 billion yuan (+98%) and a profit for shareholders of 27.6 billion (+78.6%) are expected
April 1, 2022
g src="/images/iMinizionotizia.gif" width="70" height="17" border="0" style="vertical-align: middle;">The Chinese shipowning group COSCO Shipping Holdings plans to close the first quarter of 2022 with record EBIT values and of profit for shareholders. In particular, the expected EBIT is of about 39.3 billion yuan ($6.2 billion), with a increase of +98% on the first quarter of 2021. In addition, the group estimate to archive the first three months of this year with a profit net shareholder accrual of 27.6 billion yuan (+78,6%).
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