COSCO SHIPPING Holdings Co., Ltd. Provides Earnings Guidance for Fourth Quarter and Full Year Ended December 31, 2016
January 25, 2017 at 09:50 am
COSCO SHIPPING Holdings Co., Ltd. provided earnings guidance for fourth quarter and full year ended December 31, 2016. The company expects to record a net loss attributable to equity holders of the Company for the year ended 31 December 2016 of approximately RMB 9.9 billion.
The company expects to realize a profit before interests and tax (EBIT) of approximately RMB 700 million in the fourth quart 2016.