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COSCO Shipping Ports Announces 2019 Third Quarter Results – Profits Down

COSCO Shipping Ports announces 2019 third quarter results – profits down

Source: PortSEurope

Hong Kong, China – 29 October 2019 – COSCO Shipping Ports Limited, the has announced third quarter results of the company and its subsidiaries for the three months ended 30 September 2019. 2019 Third Quarter Results Highlights Revenue was US$254.7million, +0.7% yoy Gross profit was US$66.6million, -12.1% yoy Share of profits from JV and associates was US$71.3million, +2.7% yoy Net Profit was US$71.8 million, -4.4% yoy 2019 Nine Months Results Highlights Revenue was US$772.6million, +3.2%…

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