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Cosco reports 19% rise in Q2 earnings

Revenue for April-June period up 29%; results also boosted by interest income and forward currency contracts

COSCO Corporation (Singapore) yesterday posted S$14.3 million in second-quarter net profit attributable to equity-holders, a 19 per cent increase from a year ago.

Including non-controlling interests, Q2 net profit jumped 59 per cent to S$30.2 million.

The ship repair and marine...

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