Cosco Shipping International (S) shrinks Q2 net loss by 43%

Group inks MOU with affiliate for the acquisition of 40% equity interest in PT Ocean Global Shipping

Sat, Aug 05, 2017 - 5:50 AM

Tan Hwee Hweehweetan@sph.com.sg@HweetanBT

Singapore

MAINBOARD-LISTED Cosco Shipping International (S) Co, after revealing a proposed acquisition of an Indonesian shipping business following Friday trading close, posted a 43 per cent decrease in its second quarter net loss to S$20.81 million.

The listed group unveiled a non

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