Saturday, September 20, 2008

COSCO becomes highest profit-making shipping company in Global 500

COSCO Group stands firmly at 405th place for its outstanding performance in 2007, with annual revenue of US$20.84 billion and profit of US$3.678 billion in Fortune Global 500.

Among the listed four shipping companies, COSCO is the best profit-making shipping company in the Global 500. Also, COSCO achieved impressive performance in five Top 50 rankings: thirteenth in Top 50 fastest profit growth,15th in Top 50 high profit growth, 31st in Top 50 high return to investors, 43rd in Top 50 high earnings per share (EPS) growth, and 46th in Top 50 high revenue growth. COSCO Group's great-leap-forward development in its robot growth, brand building and shareholder return has been extensively recognized in Global 500 rankings, and well recognized by the shipping industry.
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