*DJ Cosco Shipping Holdings 2019 Net CNY6.69B >1919.HK
(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)
March 30, 2020 20:59 ET (00:59 GMT)
*DJ Cosco Shipping Holdings 2019 Rev CNY150.54B >1919.HK
(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)
March 30, 2020 20:59 ET (00:59 GMT)
DJ Cosco Shipping 2019 Net Profit Surged
By Justina Lee
Cosco Shipping Holdings Co. net profit surged in 2019, helped by higher contributions from its container shipping business.
The company's net profit rose to 6.69 billion yuan ($942.2 million) from CNY1.23 billion a year earlier, it said Monday after market close.
Revenue climbed to CNY150.54 billion from CNY120.34 billion.
Cosco Shipping didn't propose a final dividend for 2019.
Write to Justina Lee at justina.lee@wsj.com
(END) Dow Jones Newswires
March 30, 2020 21:11 ET (01:11 GMT)
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