Cosco Shipping Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 20, 2021 at 10:56 am
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COSCO SHIPPING Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 801.074 million compared to CNY 584.811 million a year ago. Operating income was CNY 103.536 million compared to CNY 148.001 million a year ago. Net income was CNY 89.491 million compared to CNY 129.565 million a year ago. Basic earnings per share from continuing operations was CNY 0.244 compared to CNY 0.3552 a year ago. Diluted earnings per share from continuing operations was CNY 0.244 compared to CNY 0.3527 a year ago.
COSCO SHIPPING Technology Co., Ltd., formerly China Shipping Network Technology Co., Ltd., is a China-based company principally engaged in the provision of computer application services. The Company primarily provides intelligent transportation system integration as well as information technology and scientific management of transportation, such as variable information boards, transportation signal systems, lane controllers, monitoring systems, toll systems, communication systems, video transportation parameter and incident testing systems. The Company also involves in the sale of industrial automation products, such as digital direct current speed-adjustable device control cabinets, alternative current speed-adjustable device control cabinets, boiler control systems, intelligent electrical panel for ships and substation control cabinets, among others. The Company distributes its products within domestic market.
COSCO SHIPPING TECHNOLOGY CO., LTD. 
