COSCO SHIPPING Holdings reported a doubling of annual profits, achieving an operating revenue of RMB 233.86 billion (US$32.3 billion) in 2024, representing a 33.3% year-on-year increase.
Additionally, the company’s Earnings Before Interest and Taxes (EBIT) reached RMB 69.95 billion (US$9.65 billion), representing an increase of 90.8% year-on-year, the net profit was approximately RMB55.40 billion (US$7.6 billion), translating to 95% growth, and the net profit attributable to the shareholders...