Cosco Shipping Technology Co.,Ltd.’s Net Profit Rose 14.2% in First Three Quarters of 2023

Cosco Shipping Technology Co.,Ltd. (中远海运科技股份有限公司) (002401.SZ) reported a net profit of 184.9 million yuan in the first three quarters of 2023, up 14.2% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 1% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 41.7%.