China Merchants Energy Shipping (CMES) posted its operating income for its 2024 financial year as slightly down by 0.32% to CNY 25.8bn ($3.55bn) as compared to the same period of the previous year.
It said the earnings were impacted by the tanker market, which saw lower imports of crude oil in Europe and Asia.
However, the company’s net profit increased by 5.6%
