Cosco Shipping Specialized Carriers Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
December 06, 2019 at 04:33 am EST
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COSCO SHIPPING Specialized Carriers Co.,Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 7,576.116 million compared to CNY 6,508.692 million a year ago. Operating income was CNY 71.651 million compared to CNY 329.712 million a year ago. Net income was CNY 86.066 million compared to CNY 237.560 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.111 a year ago.
COSCO SHIPPING Specialized Carriers Co Ltd is a China-based company principally engaged in the operation of special cargo-related ocean shipping business. The Companyâs ships sail between multiple ports in multiple countries and regions, mainly include European routes, American routes, African routes, Pan Indian Ocean routes, Pan Pacific routes, etc., and opened third-country routes such as Atlantic routes between Europe, the Mediterranean and South America. The Companyâs main ship types include semi-submersible ships, multi-purpose ships, heavy lift ships, pulp ships, motor ships, timber ships, asphalt ships, and motor ships. The ships of the Company can carry cargo including drilling platforms, locomotives and train cars, wind power equipment, bridge cranes, complete equipment and other ultra-long, overweight, oversized, unsuited boxes and special carrying and loading requirements, as well as pulp, wood and other bulk commodities.
COSCO SHIPPING SPECIALIZED CARRIERS CO.,LTD. 
