Cosco Shipping International (Singapore) has reported a 261% surge in full-year net profit on the back of the boom in the logistics and bulker sectors.
The Singapore-listed company reported a 2021 profit of SGD 30.1m ($22.1m) versus the SGD 8.3m seen 12 months earlier, figures released Tuesday showed.
The company also reported a 7% cent year-on-year increase in 2021 revenue to SGD 198.5m
