Category Archives: COSCO

Cosco Corp : Buy out by its parent

Posted on March 4, 2017 by Brennen

The fate of Cosco Corp has now been sealed. China Cosco Shipping Corp, the parent company, is acquiring of Cosco Corp (Singapore)’s shipyard business in Dalian and Nantong. While the details have not been released but this is probable course of … Continue reading →

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Cosco: High debt and negative cash flow remain

Posted on May 6, 2015 by Brennen

Once again, Cosco Corporation delivered another set of uninspiring results for Q1 2015.  Its earnings per share is 0.03 cents compared with 0.56 cents one-year ago, representing a significant drop of 95%.   The increasing debt has  caused the profit margins to … Continue reading →

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Cosco Corp – piles of debts, negative CF & decreasing profit

Posted on March 14, 2015 by Brennen

    Cosco presented yet another set of uninspiring financial results two weeks ago. Fundamentally, it seemed to have worsen. For the past 5 years, it has been suffering negative operational cash-flow. In fact, it appeared to have increased significantly particularly this financial … Continue reading →

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Yangzijiang is now much bigger than Cosco

Posted on January 10, 2015 by Brennen

Once again, Yanzijiang (YZJ) gave its shareholders a piece of good news that it had won 13 orders of worth $3.88m in Q4 2014. In total, YZJ had won 41 contracts of total worth $1.8b (US$1.42b) for 2014. Cosco Corp (Cosco), on the other … Continue reading →

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