It is reported that COSCO Shipping predicts its third quarter net profit attributable to shareholders will soar 1,321.57%YoY to CNY 90.59 million.
Earnings per share in the third quarter are expected to hit CNY 0.07. The company’s operating revenue in the same period is estimated to grow 28.88%YoY to CNY 1.16 billion.
According to the company filing, COSCO predicts that net profit attributable to shareholders and operating revenue will stand at CNY 236.49 million and CNY 3.19 billion respectively during the first three quarters of 2010.
The company total assets are expected to reach CNY 9.66 billion as of end September up by 31.81% from the end of 2009.
Earnings per share in the third quarter are expected to hit CNY 0.07. The company’s operating revenue in the same period is estimated to grow 28.88%YoY to CNY 1.16 billion.
According to the company filing, COSCO predicts that net profit attributable to shareholders and operating revenue will stand at CNY 236.49 million and CNY 3.19 billion respectively during the first three quarters of 2010.
The company total assets are expected to reach CNY 9.66 billion as of end September up by 31.81% from the end of 2009.