The Chinese shipowning group COSCO Shipping Holdings Co. provides to close the first nine months of this year with an EBIT of approximately 33.2 billion yuan ($4.5 billion), down of the -76,9% respect to an adjusted operating profit of 143,6 billion yuan in the corresponding period of 2022. They are also expected a profit clearly of about 26,0 billion yuan (- 77.5%) and a Profit for shareholders of 22.1 billion (-77.3%).

This means that in the third quarter of 2023 alone the EBIT value is expected to be around 8.5 billion yuan, down by -82.4% on the same period last year, that of the profit clearly to 6,3 billion (- 83.7%) and the value of the profit for shareholders at about 5.5 billion yuan (-83.1%).