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Cosco Pacific improves Q3 earnings

Author: Posttime:2012-10-30 07:55:10

Hong Kong: Cosco Pacific, container terminal operating arm of China Cosco, improved its third quarter earnings on higher box throughput.Hong Kong-listed Cosco Pacific posted third quarter net profit of $101.35m, up 3.1% compared to $98.32m in the same period of last year.Revenue was recorded at $182.97m, an increase of 14.3% from $160.04m a year ago.For the three months ended 30 September 2012, Cosco Pacific registered a total group throughput of 14.58m teu, up 9.2% from 13.35m teu a year earlier.

 

source:Seatrade-asia
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