TABLE-COSCO Pacific 2008 net profit down 35.8 pct

Wed Apr 8, 2009 5:09am EDT
 
[-] Text [+]
 April 8 (Reuters) - Year ended December 31, 2008
 (in million US$ unless stated)
 Shr (U.S. cents)        12.24  vs 19.09
 Final Div (H.K. cents)  10.7   vs 30.6
 Net                     274.73 vs 427.77
 Revenue                 337.97 vs 298.95
 Company name            COSCO Pacific Ltd.
 Books close             May 22-27
 Dividend payable        July 20
 NOTE - Hong Kong-listed China-owned container leasing firm
COSCO Pacific (1199.HK) is controlled by its largest customer,
China Ocean Shipping (Group) Co. (COSCO).
 The calculation of share earnings is based on the weighted
average of 2,245.01 million shares in issue during the period vs
2,240.30 million shares the same period a year ago.
 Total dividend for the year is 38.1 H.K. cents (including
interim dividend of 27.4 cents) versus 73.4 cents (including
interim dividend and special final cash dividend).
 The consensus (mean) forecast, according to a poll by Reuters
Estimates, was for net profit of $287.45 million for the year.
(Reporting by Raymond Leung; Editing by Jacqueline Wong)


 

Featured Broker sponsored link