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Home Port News COSCO Shipping Ports announced decreased revenue for first six months of 2023

COSCO Shipping Ports announced decreased revenue for first six months of 2023

COSCO Shipping Ports Limited announced interim results of the Company and its subsidiaries for the 6 months ended 30 June 2023.

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.

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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