COSCO International : COSCO Shipping expects to report FY2022 net loss - report

COSCO Shipping International is expecting to report a net loss in the FY2022 ended December with a "significant deterioration" in profit during the year. The loss was due to a non-cash impairment of goodwill in connection with the group's investment in Cogent Holdings Pte. Ltd. (formerly known as Cogent Holdings Limited). Cogent Holdings was compulsorily [...] The post COSCO Shipping expects to report FY2022 net loss - report appeared first on Shipping Herald.