COSCO Holdings' net profit in 2021 will reach 89.2 billion!

2023-09-15
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Author:Wang Meirong
Source: ennews

On January 24th, COSCO Holdings announced its expected increase in annual performance for 2021. The announcement shows that the company expects to achieve a net profit attributable to shareholders of the listed company of approximately RMB 89.28 billion in 2021, an increase of approximately RMB 79.35 billion compared to the same period last year, or approximately 799.3% year-on-year.

 

After deducting its non recurring gains and losses, the company expectsIn 2021, the net profit attributable to shareholders of the listed company will be approximately RMB 89.14 billion, an increase of approximately RMB 79.55 billion compared to the same period last year and an increase of approximately 829.2% year-on-year.

 The e-commerce platform COSCO Haikong will have a net profit of 89.2 billion yuan in 2021!

Partial content of the announcement on the expected increase in performance of COSCO Holdings


The main reason for the expected increase in performance of COSCO Ocean Control this time is related toThe overall environment in 2021 is closely related. The announcement states that in 2021, under the influence of multiple factors such as the repeated epidemic, demand growth, and limited supply, the global logistics supply chain will continue to be challenged and impacted by complex situations such as port congestion, container shortages, and inland transportation delays, resulting in a continuous tightening of the supply and demand relationship for container transportation.

 

In this context, the company's container supply has played an important role. During the reporting period, COSCO Shipping's container shipping business freight volume (TEUs)Preliminary budgetabout26.912 million TEUs, an increase of approximately 567500 TEUs or approximately 2.15% compared to the same period last year.

 

COSCO Marine ControlJune 30, 2005 and June 2007, respectivelyOn the main board of the Hong Kong Stock Exchange andListed on the Shanghai Stock Exchange. It is understood that as ofOn December 31, 2019, the company operated a total of 274 international routes (including international branches), 58 coastal routes in China, and 88 the Pearl River Delta and Yangtze River branches. Its fleet is attached to 356 ports in 105 countries and regions around the world.

 

Not only COSCO Shipping, but also the financial report data of multiple shipping companies has attracted everyone's attention in the face of high freight rates. Data display,In the first 11 months of 2021, the total revenue of Evergreen Shipping was approximately RMB 106.384 billion,Dafei GroupQ3 revenue of $15.3 billion,Marine giant MaerskQ3 also reached $16.612 billionRevenue.

 

Many people expressed that they only have envy for this.


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