The price of FPSO orders has increased by 50% over three years. China International Marine Containers will prioritize improving profitability in future orders | Direct coverage of the Earnings Conference.
① In 2024, the company achieved a revenue of 177.664 billion yuan, a year-on-year increase of 39.01%; the Net income attributable to the parent company was 2.972 billion yuan, a year-on-year increase of 605.60%; ② The company's Chairman, Mai Boliang, stated that this year the FPSO order volume will further increase, and future order acquisitions will focus on enhancing the order value. The demand for containers is also expected to be supported.
COSCO SHIP ENGY's net profit increased by nearly 20% last year, raising industry concerns about future market fluctuations. | Interpretations
① COSCO SHIP ENGY achieved a Net income of 4.037 billion yuan last year, a year-on-year increase of 19.4%, reaching a new high since 2016; ② The Crude Oil Product shipping market is affected by sanctions and geopolitical factors, leading to high uncertainty, and industry insiders indicate that it will face market fluctuations in the future.
"The offshore money printer" reappears! COSCO Shipping Holdings expects its annual net profit attributable to the parent to double year-on-year | Quick read announcement.
① COSCO Shipping Holdings' container shipping business achieved growth in both volume and price compared to the previous year, with a year-on-year increase of 105.71% in Net income for 2024; ② One of the uncertainties in the shipping market for 2025, the strike at the East Coast ports of the United States, has been avoided, and freight rates on the US routes have already decreased.
Cosco Ship Engy welcomes Taibao's shareholding, frequent institutions' shareholding within the year.
Cosco Ship Engy (1138.HK) received further shareholding. On December 5th, China Pacific Insurance (601601.SH) disclosed that as of November 29th...
China Pacific Insurance announced a stake in cosco ship engy listed in hong kong. Since November, there have been 7 instances of insurance capital acquiring stakes, possibly preparing for asset allocation next year.
① china pacific insurance announced that it has acquired shares in cosco ship engy listed in hong kong, with the company and its associates and concerted parties collectively holding 5.04%; ② china pacific insurance indicated that it does not rule out the possibility of further investment in the future; ③ insurance capital's enthusiasm for acquiring shares has increased towards the end of the year, with a total of 7 acquisitions since November, and industry insiders believe that insurance companies are beginning to prepare for asset allocation for next year.
ST Zhizhi was fined for three years of financial fraud. Did the auditing firm Zhitong give a "standard unqualified opinion"? | Quick read announcement.
①Over the years, there has been financial fraud, and special treat Zhizhi has been fined a huge amount, while multiple responsible persons have been banned from the market; ②During the fraud of the company, the annual audit accounting firm has been issuing standard unqualified audit opinions continuously, while the audit fees are also at a relatively high level.