COSCO Shipping Ports Limited announced interim results of the Company and its subsidiaries for the 6 months ended 30 June 2023,reports container news. More specifically, total throughput increased by 2.2% year on year to 64,572,872 TEUs, equity throughput increased by 1.3% year on year to 20,751,365 TEUs.
Decreased Revenue
Also, revenue decreased by 2.2 % year on year to US$688.9 million, while gross profit also decreased by 2.0% year on year to US$193.8 million.
Share of profits from joint ventures and associates decreased by 4.1% year on year to US$153.6 million. Profit attributable to equity holders of the Company decreased by 15.4% year on year to US$150.3 million
Finally, declared a first interim dividend of US$1.744 cents per share, a decrease of 18.1% year on year.
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Source: Containernews
