Gelonghui, Feb. 8 | COSCO SHIPPING International (00517.HK) announced that profit attributable to corporate equity holders for the year ended December 31, 2023 is expected to increase significantly compared to the year ended December 31, 2022, and recorded a year-on-year increase of no less than 70%.
This expected increase is mainly due to a sharp increase in interest income and profit attributable to the company's joint venture COSCO Jotun Marine Coatings (Hong Kong) Co., Ltd.