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

Total throughput rose 8.4% to 42.27 million TEU, while profit attributable to equity holders increased 0.1% to $82.6 million.

Container cranes load a cargo ship beside rows of steel containers / TokenPost.ai
Container cranes load a cargo ship beside rows of steel containers / TokenPost.ai

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

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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