COSCO SHIPPING Holdings gets a bottom line of 15.450 billion yuan in Q1 2021

COSCO SHIPPING Holdings announced that the net profit attributable to shareholders of the listed company in the first quarter of 2021 will be about 15.450 billion yuan, and the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses will be about 15.406 billion yuan.
 
Net profit attributable to shareholders of the listed company was about 292 million yuan in the same period last year. Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was about 76 million yuan.
 
During the reporting period, the container shipping market continued to improve, with the average CCFI at 19,60.99 points, up 113.33% from the same period last year and 53.8 percent from the fourth quarter of the previous year, the company said.
 
The company also stated that overall results during the reporting period were up significantly compared with the same period last year.
 
Source: Sarah Yu, XINDE MARINE NEWS

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