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Huge loss expected in profit

Huge loss expected in profit
China COSCO Holdings Co Ltd, the largest shipping company in China, has issued a profit warning statement regarding its annual results this year.

China COSCO Holdings Co Ltd, the largest shipping company in China, has issued a profit warning statement regarding its annual results this year.

China COSCO Holdings Co Ltd, the largest shipping company in China, has issued a profit warning statement regarding its annual results this year.

The company said in the statement filed with the Hong Kong Stock Exchange that it is expected to record a loss for the year ending December 31, 2009. For the first three quarters of this year, China COSCO posted RMB 5.31bn in net loss.

www.TurkishMaritime.com.tr

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