Cosco braced for halving of profits
by
Obsidian
—
last modified
May 01, 2009 12:00 AM
by Lloyd's List in London 12:45PM, 01 May 2009
Substantial full-year losses are forecast for China Cosco's container shipping business after it warned that profits would fall by more than 50% for the first six months of 2009.
In the first half of 2008, the company reported a...
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