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COSCO Shipping International (Singapore) said it expects to deliver 2018 first quarter.
In its latest profit guidance for the first quarter ended March 31, 2018, the company said that its board of directors is of the view that the first quarter results “will show a profit as compared to the net loss recorded in the corresponding period of the previous financial year.”
The profit would be mainly attributable to contributions from Cogent Holdings Limited and PT Ocean Global Shipping, which were recently acquired by COSCO Shipping.
—-world maritime news
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