Independent journal on economy and transport policy
12:57 GMT+1
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First semester 2016 with a loss for the shareholders lowers COSCO Holdings archivia pairs to 1,08 billion dollars
Revenues down of -8,5%
August 25, 2016
COSCO Holdings Co lowers., holding of the COSCO the Container Lines (COSCON), company that work the services of containerized marine transport of China COSCO Shipping Corporation (COSCOCS), the been born shipowning group at the beginning of this year from the fusion of Chineses COSCO and Lowers Shipping, has announced today to have closed the first semester of 2016 with an important loss attributable to the shareholders pairs to -7,21 billion yuan (1,08 billion dollars) respect to a profit of clearly 1,90 billion yuan in the first half last year.
The revenues totaled from Lower COSCO are piled to 30,94 billion yuan, with a decrease of the -8,5% regarding riclassificati revenues pairs to 30,94 billion yuan in the first six months of the 2016 (increment of +3.2% regarding the revenues not rectified).
In the second solo trimester of the 2016 loss attributable to the shareholders of Lowers COSCO has been pairs to -2,72 billion yuan respect to a profit of 2,92 billion yuan in the correspondent period of 2015.
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COSCO Holdings Co lowers., holding of the COSCO the Container Lines (COSCON), company that work the services of containerized marine transport of China COSCO Shipping Corporation (COSCOCS), the been born shipowning group at the beginning of this year from the fusion of Chineses COSCO and Lowers Shipping, has announced today to have closed the first semester of 2016 with an important loss attributable to the shareholders pairs to -7,21 billion yuan (1,08 billion dollars) respect to a profit of clearly 1,90 billion yuan in the first half last year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
