Hong Kong-listed Cosco Pacific booked a gain of $146.8m in the opening six months of 2014, compared with the $560.3m last year which was elevated by asset sales.
Stripping out the 2013 hike following the sale of shares in China International Marine Containers, Cosco Pacific’s bottom line was up year-on-year.
Barclays Capital says investors should focus on the recurring income of $158m, a 6% year-on-year rise.
