Independent journal on economy and transport policy
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Hard increase of the results of Chinese COSCO International
In the 2010 volume of transactions it has grown of 432%
March 28, 2011
COSCO International Holdings Ltd., society of service to the marine activities of the Chinese shipowning group Lowers Ocean Shipping (Group) Co. (COSCO), has closed 2010 with an increment of 432% of the revenues that have attested to 8,7 billion dollars of Hong Kong regarding 1,6 billion in the exercise anniversary precedence. The fort increase is determined mainly by the contribution of the new activities of supply and trading of marine correlated producing fuels and of operated from the company, that they have totaled 5,9 billion dollars of Hong Kong (45 million in 2009). The operating profit is piled to 293,9 million dollars of Hong Kong (+57.3%) and the profit clearly to 1,3 billion dollars of Hong Kong (+52.8%).
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