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10 August 2022 The on-line newspaper devoted to the world of transports 20:06 GMT+2

July 6, 2022

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Original news
COSCO expects to close the first half of the year with a profit for shareholders of almost 10 billion dollars (+74.4%)

EBIT expected to grow by +92.1%

The Chinese shipowning group COSCO Shipping Holdings Co. has announced today that it plans to close the first half of 2022 with a record shareholder profit of approximately €64.7 billion yuan (9.6 billion dollars), with an increase of +74.4% compared to 37.1 billion yuan in the first half of 2021. Shareholder profit expected for the second quarter alone of this year it is therefore about 37.1 billion yuan (5.5 billions of dollars), with an increase of +71.4% on the corresponding period of 2021.

The value of EBIT expected for the first half of 2022 is of about 95.2 billion yuan, with a growth of +92.1% on first six months of last year.

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