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COSCO SHIPPING Specialized Carriers (600428): The prosperity of distribution is overflowing, combined with the gradual expansion of capacity, Q3 net income attributable to mother increased significantly year-on-year.
The company disclosed its third quarter financial performance in 2024, with a revenue of 12.043 billion yuan for the first three quarters of 2024, a year-on-year increase of 33.00%, and a net profit attributable to the parent company of 1.202 billion yuan, a year-on-year increase of 31.38%.
Cosco Shipping Specialized Carriers (600428): Both the volume and price of automobile transportation have risen, and the logic has been fulfilled. The long-term growth prospects are promising.
Cosco Shipping Specialized Carriers released its third quarter report, with performance exceeding expectations. In the first three quarters of 2024, the company achieved operating revenue of 12.04 billion yuan, a year-on-year increase of 33%; net income attributable to the parent company was 1.2 billion yuan, a year-on-year increase of 31.4%; non-recurring net income 10.1 billion.
cosco shipping specialized carriers (600428): Q3 achieved a net income attributable to the parent of 0.473 billion yuan, with a steadily increasing scale or driving high performance growth.
Investment highlights: In Q3, the company achieved a net income attributable to the parent company of 0.473 billion yuan, a year-on-year increase of 74%. The company released the third quarter report of 2024, achieving a revenue of 4.563 billion yuan in Q3, a year-on-year increase of +47.74%, achieving net income attributable to the parent company.
A-share shipping concept stocks are rising.
On October 30th, Gelunhui reported that Phoenix Shipping hit the limit up with 7 consecutive trading days, COSCO Shipping Specialized Carriers rose by over 8%, with Shenghang shares, Nanjing Tanker Corporation and others following the upward trend.
COSCO SHIPPING Special Transportation Co., Ltd. Report for the Third Quarter of 2024
Express News | Cosco Shipping Specialized Carriers: The net income for the first three quarters was 1.202 billion yuan, a year-on-year increase of 31.38%.
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