Cosco Shipping International (Singapore) saw a slight decline in earnings during the first half of its 2022 financial year, which it has blamed on the disposal of a 60% stake in its dry bulk shipping subsidiary at the end of last year.
The Singapore-listed company on Monday revealed that it made a net profit of SGD 6.2m ($4.4m) on revenue of $92.5m during the six-month period, as compared to earnings of SGD 6.8m on revenues of SGD 94.9m
