Cosco Shipping Ports announces 2019 Third Quarter results
date:Nov 21, 2019
Cosco Shipping Ports Limited today announced third quarter results of the Company and its subsidiaries for the three months ended 30 September 2019.

2019 Third Quarter Results Highlight

Revenue was US$254.7million, +0.7%yoy
Gross profit was US$66.6million, -12.1%yoy
Share of profits from JV and associates was US$71.3million, +2.7%yoy
Net Profit was US$71.8 million, -4.4%yoy

2019 9 Months Results Highlight

Revenue was US$772.6million, +3.2%yoy
Gross profit was US$220million, -5.7%yoy
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