COSCO Ocean & # 39; s net profit for the first half year decreased by 10% – Newsletter website

August 25, 2018

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COSCO Shipping International (00517) had a net profit of 184 million yuan in the first half of the year, 10.5% less than a year earlier. Earnings per share were 12.01 cents, the interim dividends were 5 cents per share and the dividend payout ratio was 41.6%. Revenues for the period amounted to 4,788 billion yuan, an increase of 25.7% yoy. "The revenues of the shipping services sector generally fell." Revenues from shipping agencies fell by 16%, revenues from consulting services for maritime insurance dropped by 22% and revenues from marine equipment fell by 15%. To burn …


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