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COSCO SHIPPING Ports Announces 2021 First Quarter Results
COSCO SHIPPING Ports Limited, the world’s leading ports operator, yesterday announced the first quarter results of the Company and its subsidiaries (the “Group”) for the 3 months ended 31 March 2021.
2021 First Quarter Results Highlight
• Revenue increased by 20.3% YoY to US$265.3 million
• Gross profit increased by 35.9% YoY to US$61.9 million
• Share of profits from joint ventures and associates increased by 54.8% YoY to US$81.0 million
• Profit attributable to equity holders of the Company decreased by 20.5% YoY to US$73.0 million
• Profit attributable to equity holders of the Company was US$73.0 million, an increase of 140.1% (excluding one-off items) Note ....

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