Cosco Shipping Specialized Carriers Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 05:55 am EDT
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COSCO SHIPPING Specialized Carriers Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 5,512.522 million compared to CNY 6,079.805 million a year ago. Operating income was CNY 115.781 million compared to CNY 235.416 million a year ago. Net income was CNY 135.393 million compared to CNY 146.872 million a year ago. Basic earnings per share from continuing operations was CNY 0.063 compared to CNY 0.068 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. 
