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Cosco (S'pore) net slips 32% to S$20.9m for 2014

Published Mon, Feb 16, 2015 · 09:50 PM
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Singapore

COSCO Corp (Singapore) posted a 32 per cent drop in its 2014 net profit to S$20.9 million from 2013.

The shipbuilding and shipping company saw a 21 per cent surge in revenue to S$4.26 billion, supported by increase in shipyard revenue.

The group declared a cash dividend of 0.5 cent per ordinary share (one-tier tax) for 2014, down from 1 cent in the year before. Earnings per share for the year…

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