Summary by Moomoo AI
Cosco Shipping Holdings achieved a revenue of RMB 101.201 billion in the six months ended June 30, 2024, a year-on-year increase of 10.19%; the net profit attributable to the equity holders of the company was RMB 16.87 billion, an increase of RMB 0.309 billion year-on-year. The board of directors announced the distribution of an interim dividend of RMB 0.52 per ordinary share (including tax). The container sector of Cosco Shipping Holdings achieved a freight volume of 12.4595 million TEUs, an increase of 9.34% year-on-year; the terminal business sector's total throughput was 69.8585 million TEUs, an increase of 8.19% year-on-year. The profit for the period was RMB 19,255,367 thousand, slightly lower than the same period last year. The company repurchased 59,999,924 A shares and 155,000,000 H shares during the reporting period and has already canceled all of them. Cosco Shipping Holdings actively promoted fleet structure optimization and strengthened supply chain services globally to enhance its core competitiveness.