Cosco Corporation (S) rated 'buy' by DBS

Stock Name: CoscoCorp
Company Name: COSCO CORPORATION (S) LTD
Research House: DBS Vickers

DBS Vickers Securities in a Feb 23 research report says: "4Q net earnings surged 431% y-o-y and 70% q-o-q to $93.6 million on strong margin recovery from shipbuilding, higher-than-expected offshore revenue, cost savings from preferential tax rate and tightened cost management.

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