In the performance report, COSCO SHIPPING Development's net profit for the first three quarters was 1.391 billion RMB, a slight increase of 0.7%

COSCO SHIPPING Development (02866.HK) announced its third-quarter report for the period ending in September, achieving operating revenue of RMB 19.566 billion (same below), a year-on-year decrease of 1.5%. The net profit attributable to shareholders was RMB 1.391 billion, a slight increase of 0.7%, with earnings per share of 10.45 cents.

For the third quarter alone, the operating revenue was RMB 7.308 billion, a decrease of 9.9%. The net profit attributable to shareholders was RMB 420 million, a decline of 13.4%, with earnings per share of 3.16 cents