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The latest announcement is out from COSCO SHIPPING Holdings Co ( (HK:1919) ).
COSCO SHIPPING Holdings Co., Ltd. has reported significant financial growth for the year ended December 31, 2024, with a notable increase in earnings before interest and tax (EBIT) and net profit compared to the previous year. This growth is attributed to moderate cargo volume increases in the container shipping market and high freight rates, despite global economic and trade uncertainties. The company has strengthened its core competitiveness through digital innovation and green development, achieving better operational results and enhancing its market position.
More about COSCO SHIPPING Holdings Co
COSCO SHIPPING Holdings Co., Ltd. is a prominent player in the shipping industry, focusing on container shipping and related logistics services. The company is dedicated to enhancing its global supply chain resilience and building an integrated full-chain service that includes container shipping, ports, and logistics.
YTD Price Performance: -10.32%
Average Trading Volume: 53,563
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $30.62B
For detailed information about 1919 stock, go to TipRanks’ Stock Analysis page.
