The Chinese shipping giant COSCO SHIPPING Holdings has announced that its net profit attributable to equity holders for the first half of the year is expected to be approximately US$9.6 billion, translating to a 74.45% increase compared to the same period of 2021.
At the same time, the company’s earnings before interest and taxes (EBIT) for the first six months of 2022 are expected to reach US$14 billion, marking an outstanding growth of 92% year-over-year.
“In the first half of 2022, the supply...
https://container-news.com/coscos-net-profit-skyrockets-by-over-74/