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COSCO SHIPPING Holdings Posts 13% Q3 Revenue Growth to $484.3 Million

COSCO SHIPPING Holdings Posts 13% Q3 Revenue Growth to $484.3 Million

Photo: TokenPost

COSCO SHIPPING Holdings Co., Ltd. generated $484.3 million in third-quarter revenue, 13% more than in the same quarter a year earlier. Profit attributable to equity holders reached $82.6 million, a 0.1% year-over-year increase. Total throughput was 42.27 million TEU, up 8.4%. Revenue growth exceeded throughput growth by 4.6 percentage points and profit growth by 12.9 percentage points. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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