ECONOMY

Cosco sees profits in Greece soar

Chinese company Cosco’s subsidiary in Greece saw its profits grow over three times in 2012 compared to the previous year.

The operator of container Piers II and III in the port of Piraeus enjoyed earnings of 15.5 million euros last year from 5 million in 2011, Cosco Pacific said in a bourse statement in Singapore on Wednesday.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.