Cosco Shipping Energy Transportation Co.,Ltd.’s Net Profit Dropped 76.8% in First Half of 2021

Cosco Shipping Energy Transportation Co.,Ltd. (中远海运能源运输股份有限公司) (600026.SH) reported a net profit of 705.5 million yuan in the first half of 2021, down 76.8% year-on-year.

Meanwhile, the company posted 6.1 billion yuan in revenue, down 37.4% year-on-year.

At the end of the reporting period, it had 65.5 billion yuan in total assets and 29.9 billion yuan in total liabilities, with a liability-to-asset ratio of 45.6%.

This article was automatically produced by Caixin Automation on Sept. 2, 2021.

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