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2009 April 8   13:03

COSCO Pacific 2008 net profit down 35.8 pct

Hong Kong-listed China-owned container leasing firm COSCO Pacific is controlled by its largest customer, China Ocean Shipping (Group) Co. (COSCO).
The calculation of share earnings is based on the weighted average of 2,245.01 million shares in issue during the period vs 2,240.30 million shares the same period a year ago.
Total dividend for the year is 38.1 H.K. cents (including interim dividend of 27.4 cents) versus 73.4 cents (including interim dividend and special final cash dividend).
The consensus (mean) forecast, according to a poll by Reuters Estimates, was for net profit of $287.45 million for the year.

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