COSCO Shipping Ports Post 5% Decrease in 2024

MT Newswires Live

03/24

COSCO SHIPPING Ports (HKG:1199) reported a 4.8% decrease in net profit attributable to equity holders for 2024 to $308.8 million from $324.6 million a year earlier, according to a Friday filing with the Hong Kong bourse.

Earnings per share were $0.085, a decrease of 8.9% from $0.0933 a year earlier.

Revenue increased by 3.3% to $1.50 billion from $1.45 billion the previous year.

The company declared a second interim dividend of HK$0.142

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