Cosco Shipping Specialized Carriers Co.,Ltd.’s Net Profit Rose 19.5% in First Three Quarters of 2023

Cosco Shipping Specialized Carriers Co.,Ltd. (中远海运特种运输股份有限公司) (600428.SH) reported a net profit of 922 million yuan in the first three quarters of 2023, up 19.5% year-on-year.

Meanwhile, the company posted 8.9 billion yuan in revenue, down 3.4% year-on-year.

At the end of the reporting period, it had 27.2 billion yuan in total assets and 15.8 billion yuan in total liabilities, with a liability-to-asset ratio of 58%.