TABLE-COSCO Pacific 2008 net profit down 35.8 pct
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)
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