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The volume and price of the container shipping business both rose, and COSCO Shipping Holdings' net income in Q1 increased by over 73% | Earnings Reports news.
Due to the increase in cargo volume and unit revenue in the container shipping Business, COSCO Shipping Holdings performed remarkably, with Q1 revenue increasing by 20.05% year-on-year and net income attributable to shareholders soaring by 73.12% year-on-year.
SA Analyst Downgrades: TSLA, BABA, INMD, BDRAF, PSTG
COSCO Shipping Holdings: Net profit in the first quarter increased by 73% year-on-year, as the container shipping market continues to recover.
COSCO Shipping Holdings' net profit in the first quarter increased by 73% year-on-year, with key highlights of the continued recovery of the container shipping market. Financial highlights: Revenue in Q1 2025 is 579....
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The market may reach a critical juncture in the short term, with Banks and Electrical Utilities showing repeated activity, and the Technology Sector poised to take off.
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