Independent journal on economy and transport policy
07:54 GMT+1
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Decline in the half-year results of COSCO Shipping International (Hong Kong) Co
The revenues of the company of the Chinese shipowning group decreased by -19.2%
September 6, 2022
COSCO Shipping International (Hong Kong) Co., the company
which, on behalf of the parent company COSCO Shipping Holdings Co.,
deals with the provision of services to the ships of the shipowning group
Chinese COSCO Shipping, has filed the first half of this year
with revenues of 1.80 billion Hong Kong dollars (230 million
of US dollars), with a decrease of -19.2% on the first half
of 2021, of which 1.52 billion Hong Kong dollars generated
from the provision of services to the fleet (-10.1%). Operating profit and
pre-tax profit amounted to EUR 126.5 million respectively
(-8.1%) and 198.4 million Hong Kong dollars (-0.5%), with contributions
€ 107.2 million (-23.3%) and € 157.2 million (-11.6%) from services
to the fleet. Net profit amounted to EUR 171.1 million
(+2,1%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
COSCO Shipping International (Hong Kong) Co., the company
which, on behalf of the parent company COSCO Shipping Holdings Co.,
deals with the provision of services to the ships of the shipowning group
Chinese COSCO Shipping, has filed the first half of this year
with revenues of 1.80 billion Hong Kong dollars (230 million
of US dollars), with a decrease of -19.2% on the first half
of 2021, of which 1.52 billion Hong Kong dollars generated
from the provision of services to the fleet (-10.1%). Operating profit and
pre-tax profit amounted to EUR 126.5 million respectively
(-8.1%) and 198.4 million Hong Kong dollars (-0.5%), with contributions
€ 107.2 million (-23.3%) and € 157.2 million (-11.6%) from services
to the fleet. Net profit amounted to EUR 171.1 million
(+2,1%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
