COSCO SHIPPING Development Co (HK:2866) has released an update.
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COSCO SHIPPING Development Co. reported a significant increase in revenue and net profit for the third quarter of 2024, with revenue reaching over 8 billion RMB and net profit attributable to shareholders surging by 368.54% compared to the previous year. The company’s improved financial performance is reflected in a 114.41% rise in net cash flow from operating activities, highlighting strong operational efficiency.
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