Cosco Shipping Ports has achieved increased profits and revenues for both the third quarter and the first nine months of the year. The company's gross profit increased to US$225.8 million from January until 30 September, marking a year-on-year growth of 33.1%. At the same time, gross profit for 2021 third quarter increased by 9.9% YoY to US$77.5 million.
Additionally, Cosco's subsidiary reported revenues of US$295.8 million for the third quarter of the year and US$860.6 million for the first nine months of 2021, marking YoY increases of 9.5% and 19.1% YoY.
At the same time, the total throughput of Cosco Shipping Ports for 2021Q3 was 33.72 million TEU, achieving a slight increase of 0.8% YoY, while the company's total throughput for the first three quarters of the year has been boosted by 5.9% YoY to 96.43 million TEU.