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Cosco Ship Engy (01138): Completed signing the COSCO SHP SG entrusted management agreement
Cosco Ship Engy (01138) announced that on October 22, 2024, the company has completed the establishment of a wholly-owned subsid...
Hong Kong stocks abnormal movement | cosco ship engy (01138) falls more than 4% in the afternoon as international oil shipping market demand remains weak, with third-quarter net profit decreasing by 41% month-on-month.
COSCO Ship Engy (01138) fell more than 4% in the afternoon, as of the deadline, down 4.04%, at 7.13 Hong Kong dollars, with a turnover of 0.122 billion Hong Kong dollars.
COSCO Shipping Energy (600026): In Q3 24, the non-net profit attributable to shareholders decreased by 19% year-on-year to 0.73 billion, with a disposal gain of 0.095 billion for old oil tankers; continue to be bullish on the mid-term outlook of VLCC.
Company announcement of the third quarter report in 2024: 1) Revenue: 17.14 billion yuan in the first three quarters, +3.7% year-on-year; 24Q3 revenue 5.49 billion, +10.8 year-on-year, -5.5% quarter-on-quarter. 2) Net income attributable to shareholders:
Cosco Ship Engy (600026): Tight supply supports freight rates, long-distance cost increases + taxes drag down profits.
Event: In the first three quarters of 2024, the company achieved revenue of 17.144 billion yuan, a year-on-year increase of 3.68%, with Q3 achieving revenue of 5.493 billion yuan, a year-on-year increase of 10.76%; achieving a net income attributable to the parent of 34.
Cosco Ship Engy (600026): Weak demand in foreign trade oil transportation led to pressure on Q3 performance, continue to be bullish on price elasticity under rigid supply.
Cosco Ship Engy released its third-quarter report for 2024, with a weak performance. Cosco Ship Engy achieved an income of 17.144 billion yuan in the first three quarters of 2024, a year-on-year increase of 3.68%; net income attributable to the parent company was 3.415 billion yuan, a year-on-year decrease of 8.
Express News | Since the third quarter, 25 companies listed on the Shanghai Stock Exchange have disclosed merger and reorganization plans or suspended trading to implement reorganization, with a total transaction amount exceeding 240 billion yuan.
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