The global major port operator Cosco Shipping Ports Limited (CSP) has published its interim financial and operational results for the first half of the year, recording increases in all sectors.
In particular, CSP’s gross profit had a robust rise of 49.6% over H1 of 2020, exceeding US$148 million, while gross profit margin increased by 4.4 percentage points, to 26.3%.
During the same period, the company’s revenue grew by 24.8%, reaching US$175.6 million, and the cost of sales increased by 17.8% to...
https://container-news.com/cosco-shipping-ports-doubles-its-profit/