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2010 August 24   08:54

COSCO Pacific H1 net profit rises 81.7 pct

Six months ended June 30, 2010

 (in million US$ unless stated)

 Shr (U.S. cents)         7.96   vs 4.66

 Interim Div (H.K. cents) 13.7   vs 14.4

 Net                      189.94 vs 104.51

 Revenue                  222.66 vs 159.03

 Company name             COSCO Pacific Ltd.

 Books close              September 9-14

 Dividend payable         September 20

Hong Kong-listed China-owned container leasing company COSCO Pacific  is controlled by its largest customer, China Ocean Shipping (Group) Co. (COSCO).
The company has proposed a special dividend of 11.1 H.K. cents per share.
The calculation of share earnings is based on the weighted average of 2,386.56 million shares in issue during the period versus 2,245.03 million shares the same period a year earlier.

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