COSCO 22Q2 results were out overnight. Earnings have already been given in the
alert last month. So the new news is dividend,HK2 or 50% payout ratio, which is
ahead of the analysts estimates. Yet the stock ended down in the Hong Kong
trading session.
The results are all good. Top line dropped just 4% QoQ as 2% higher volume
mitigate some fall in freight rates while slot costs dropped by a whopping 23%.
Slot costs are the OPEX incurred in a quarter divided by operating capacity,
which help make