Independent journal on economy and transport policy
12:01 GMT+1
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COSCO Shipping previews to record exercise 2016 with a net loss pairs to about -1,4 billion dollars
Attended a profit before the interests and of the taxes of about 700 million yuan
January 26, 2017
Shipowning group Chinese COSCO Shipping previews to record the exercise anniversary 2016 with a net loss attributable to the shareholders pairs to about -9,9 billion yuan (1,4 billion dollars) regarding the profit of clearly 283,4 million yuan enrolled in the exercise anniversary precedence.
The Chinese group has specified that in the course last year however a progressive improvement of the results is recorded and that for the solo fourth trimester of 2016 is attended a profit before the interests and of the taxes, to clearly of burdens deriving from the demolition of ships, that will be pairs to about 700 million yuan.
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