Brief: Cosco Shipping International (Hongkong) Says Recommended Final Dividend Of 11.5 HK Cents Per Share

Cosco Shipping International (Hongkong)

28/03/2023 09:55

March 28 (Reuters) - Cosco Shipping International
(Hongkong) Co Ltd  0517.HK :
    * RECOMMENDED A FINAL DIVIDEND OF 11.5 HK CENTS PER SHARE
    * FY REVENUE DECREASED BY 13% TO HK$3.96 BILLION
    * FY PROFIT ATTRIBUTABLE UP BY 20% TO HK$347.1 MILLION
    * EXPECTED THAT DRY BULK CARGO MARKET WILL GRADUALLY RECOVER
FROM
DOWNTURN IN 2023
    * CLARKSONS ESTIMATES THAT GLOBAL CONTAINER SHIPPING DEMAND
WILL
DECLINE BY 0.3% IN 2023

Further company coverage:  0517.HK 

 ((Reuters.Briefs@thomsonreuters.com;))