COSCO ship­ping re­ports im­proved per­for­mance

Maritime Gateway - - News -

COSCO Ship­ping Hold­ings Co. an­nounced fi­nan­cial re­sults for the twelve months ended De­cem­ber 31, 2017. The com­pany re­turned to prof­itabil­ity with net profit reach­ing RMB 2.66 bil­lion. COSCO Ship­ping Lines posted its ship­ping vol­umes in­creased by 23.7 per cent Y-O-Y to 20,913,746 teus. The to­tal ter­mi­nal through­put of COSCO Ship­ping Ports reached 100,202,185 teus, of which the to­tal ter­mi­nal through­put in over­seas re­gions was 18,840,664 teus, rep­re­sent­ing a re­mark­able growth of 38.7 per cent year-on-year.

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