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517 — Cosco Shipping International (Hongkong) News Story

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Brief: Cosco International posts FY net profit of HK$335.8 mln, down 6%

March 22 (Reuters) - COSCO International Holdings Ltd  0517.HK : 
 * Says FY profit attributable to equity holders decreased by 6% to hk$335.8 
million 
 * FY revenue decreased by 21% to hk$6 billion 
 * Final dividend proposed of hk$0.09 per ordinary share 
 * "Will be committed to building a ``shipping services industrial cluster'' in 
line with the development strategy of China Cosco shipping corporation limited" 
 * Says "the global shipping market will remain depressed," 
 * "Growth of international trade will slow down and the financial market and 
commodity market are expected to fluctuate" 
 
  Source text for Eikon  ID:nHKS8lBX4H  
 
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