Cosco Pacific hit by lack of divestments in 1st half of the year
The first half of the year saw the result dive at container terminal operator Cosco Pacific due to missing incomes from a lack of divestments - unlike last year where the company divested assets.
BY RITZAU FINANS
Hong Kong-based container terminal operator Cosco Pacific saw its bottom line hammered down in the first six months of the year. The reason for this is that the company did not benefit from proceeds gained by divesting assets, as was the case in the same period last year, reports the Wall Street Journal following the company's 2nd quarter interim report.
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