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517 — Cosco Shipping International (Hongkong) News Story

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Brief: COSCO International HY net profit decreased by 28 pct to HK$144.8 mln

Aug 18 (Reuters) - COSCO International Holdings Ltd  0517.HK : 
 * hy revenue decreased by 16% to hk$2.56 bln as compared to the same period of 2015 
 * hy profit attributable to equity holders decreased by 28% to hk$144.8 mln 
 * the board has declared an interim dividend of 4 hk cents per share 
 * says for industrial heavy-duty anti-corrosion coatings, growth in the industry is expected to remain slow 
   and moderate 
 * "for container coatings, demand is expected to remain subdued" 
 
* Source text (http://bit.ly/2bp2kOJ) 
* ((Further company coverage:  0517.HK )) 
((Bangalore.newsroom@thomsonreuters.com))

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