COSCO SHP SG's performance in 2024 is solid, achieving revenue of 23.133 billion yuan, a year-on-year growth of 2.57%; the net profit belonging to shareholders of the listed company is 4.038 billion yuan, a year-on-year increase of 19.5%; the basic earnings per share are 84.64 cents. The Board of Directors recommends a final dividend of 21 cents per share (before tax).The group's oil tanker transportation business revenue is 14.508 billion yuan, a year-on-year increase of 4.2%; the gross margin is 24.7%, a year-on-year decrease of 5.1 percentage points. The LNG transportation business contributed a net profit of 0.811 billion yuan, a year-on-year growth of 2.66%. During the period, the group completed a transport volume of 180.48 million tons, a year-on...Show More

COSCO SHP SG's performance in 2024 is solid, achieving revenue of 23.133 billion yuan, a year-on-year growth of 2.57%; the net profit belonging to shareholders of the listed company is 4.038 billion yuan, a year-on-year increase of 19.5%; the basic earnings per share are 84.64 cents. The Board of Directors recommends a final dividend of 21 cents per share (before tax).The group's oil tanker transportation business revenue is 14.508 billion yuan, a year-on-year increase of 4.2%; the gross margin is 24.7%, a year-on-year decrease of 5.1 percentage points. The LNG transportation business contributed a net profit of 0.811 billion yuan, a year-on-year growth of 2.66%. During the period, the group completed a transport volume of 180.48 million tons, a year-on-year increase of 3.8%; the turnover volume is 604 billion ton-miles, a year-on-year increase of 13.6%.As of the end of 2024, the group owns and controls 159 oil tanker capacities, totaling 23.74 million deadweight tons, and has invested in 87 LNG ships, of which 50 are already operational, with a capacity of 8.42 million cubic meters. The group continues to optimize its global route layout, deepen cooperation with key customers, actively participate in international large-scale LNG transportation projects, and complete the integration of the logistics supply chain for energy Chemicals, laying the foundation for future diversification.