By Yifan Wang
COSCO Shipping Holdings Co. said its nine-month net profit jumped 82% from a year earlier, driven by higher revenue and investment income.
Net profit for the January-to-September period was 3.86 billion yuan ($576.7 million), the Chinese company said late Friday.
Revenue grew 5.5% from a year earlier to CNY117.71 billion, mainly driven by container shipping, which is the company's main source of income.
Investment income rose 19% from a year earlier to CNY2.30 billion.
Write to Yifan Wang at yifan.wang@wsj.com
(END) Dow Jones Newswires
11-01-20 1943ET