Below are the financial statements of COSCO Shipping Holdings, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of CNY | 2024 | 2023 |
|---|---|---|
| Revenues | 233.86a | 175.45a |
| Cost of services | -166.18a | -147.85a |
| Gross profit | 67.68a | 27.6a |
| Other income | 2.12a | 5.14a |
| Other expenses | -0.18a | -0.08a |
| (Provision for)/reversal of impairment losses on financial assets, net | -0.07a | -0.23a |
| Selling, administrative and general expenses | -10.54a | -8.24a |
| Operating profit | 59.02a | 24.65a |
| Finance income | 6.3a | 7.47a |
| Finance costs | -3.18a | -3.74a |
| Net finance income | 3.12a | 3.74a |
| Share of profits less losses of | — | — |
| Joint ventures | 0.57a | 0.6a |
| Associates | 4.38a | 4.09a |
| Profit before income tax | 67.09a | 33.08a |
| Income tax expenses | -11.49a | -4.68a |
| Profit for the year | 55.59a | 28.4a |
| Profit attributable to | — | — |
| Equity holders of the company | 49.17a | 23.86a |
| Non-controlling interests | 6.42a | 4.54a |
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