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You are here: Home Archive 2009 May 01 Cosco braced for halving of profits

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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