[COSCO SHIPPING: Net profit in the first three quarters increased by 96.91% year-on-year] On October 28, COSCO SHIPPING (600428.SH) announced that its operating income in the third quarter was 8.189 billion yuan, a year-on-year increase of 40.34%; the net profit attributable to shareholders of the listed company was 1.246 billion yuan, a year-on-year increase of 147.12%. In the first three quarters, operating income was 22.635 billion yuan, a year-on-year increase of 36.27%; net profit attributable to shareholders of listed companies was 2.617 billion yuan, a year-on-year increase of 96.91%. The performance growth was mainly due to the increase in the company's shipping capacity and the increase in shipping business revenue during the reporting period. Xiaocai Note: The company’s Q3 net profit was 1.246 billion and Q2 net profit was 965 million. Based on this calculation, Q3 net profit increased by 29% month-on-month.