COSCO Shipping International Books Higher Attributable Profit in H1; Shares Up 5%

MT NewswiresAug 13 01:32 ET

Cosco Ship Intl (00517.HK) held its board of directors meeting on August 23 to approve its mid-term performance.

Cosco Ship Int'l (00517.HK) announced that it will hold a board of directors meeting on Friday, August 23, 2024 to approve the mid-term performance of the company and its subsidiaries for the six months ending June 30, 2024, as well as the consideration of distributing mid-term dividends (if any).

Gelonghui FinanceAug 9 00:14 ET

COSCO SHIP INTL: Date of Board Meeting

Hong Kong Stock ExchangeAug 9 00:07 ET · Announcements

Electrification In The Maritime Industry, Challenges And Prospects

Business TodayAug 4 09:20 ET

Citi has downgraded the rating of COSCO SHIPPING Holdings Co Ltd (00517) to "sell" with a target price of HKD 8.81.

Citigroup estimates that the average core stock return on equity (ROE) for three Asia-Pacific container shipping companies within its coverage area is 5%, and will decline from 13% in 2024 to 1% in 2026.

Zhitong FinanceJul 22 04:15 ET

Guolian Securities: Marine transportation costs have risen sharply from the beginning of the year to now. Enterprises with a high FOB proportion are worth paying attention to.

Since 2024, marine transportation fees have increased significantly, and as a result, the market is more concerned about the short-term profit performance of export companies.

Zhitong FinanceJul 18 02:58 ET