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Cosco Ship Engy announces the signing of the Cosco Shp Sg entrustment management agreement.
COSCO Ship Engy (01138) announced that on October 22, 2024, the company has completed the registration of the establishment of a wholly-owned subsidiary, Dalian COSCO Shipping Energy Supply Chain Co., Ltd. (Dalian LPG). On November 6, 2024, (1) the company has completed the signing of the Shanghai COSCO Shipping equity transfer agreement with COSCO Shipping Shanghai and (2) the company has completed the signing of the Shanghai COSCO Shipping entrustment management agreement with COSCO Shipping Shanghai. On November 8, 2024, (1) Dalian LPG and COSCO Shipping Dalian Investment have completed the signing of the Dalian Investment equity transfer agreement and the Dalian Investment assets transfer agreement and (2)
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Cosco Ship Port (01199.HK) net profit for the first three quarters was 0.22 billion US dollars, a 5.4% year-on-year decrease.
Cosco ship port (01199.HK) announced its performance for the first three quarters ending in September this year, with revenue of approximately 1.109 billion US dollars, up 5.8% year-on-year; net profit of 0.221 billion US dollars, down 5.4% year-on-year; earnings per share of 6.13 US cents. For the third quarter alone, revenue was 0.399 billion US dollars, up 11.2% year-on-year; net profit was 81.859 million US dollars, down 1.7% year-on-year; earnings per share of 2.23 US cents.
Cosco ship port (01199.HK) signed a comprehensive agreement with Cosco Shipping on shipping and terminal services.
Cosco Ship Port (01199.HK) announced that on October 30, 2024, the company signed a comprehensive agreement with Cosco Shipping for shipping and terminal services.
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