2020 Annual Report｜CMES Shipping recorded net profit attributable to the parent company of RMB2.78 billion
In 2020, CMES Shipping made outstanding achievements in spite of unprecedented difficulties and challenges. According to its 2020 annual report, CMES Shipping generated RMB18.073 billion in operating revenues and RMB2.777 billion in net profit attributable to shareholders of the listed company. The company reported total assets of RMB58.635 billion, including RMB54.074 billion in foreign assets, accounting for 92.22% of the total, and RMB25.563 billion in net assets attributable to shareholders of listed companies. Its net cash flow from operating activities was RMB7.565 billion. It posted 80.51% and 61.51% increases respectively in net profit after non-recurring gains and losses and net cash flow from operations.