CSSC (HK) Shipping Reports Strong Half-Year Growth

CSSC (Hong Kong) Shipping Company Limited (HK:3877) has released an update.

CSSC (Hong Kong) Shipping Company Limited has reported a robust performance for the first half of 2024, with a 22.9% increase in profit for the period and a 13.5% rise in revenue compared to the same period in 2023. Despite a slight decrease in total assets, the company’s total equity grew by 6.5%, reflecting a solid financial position. Notably, the company maintained a stable credit rating, with S&P and Fitch Ratings awarding an A- and A rating, respectively.

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