COSCO SHIPPING Energy Transportation Co., Ltd. expected to record a net profit attributable to the equity holders of the Company for the year ended 31 December 2023 of approximately RMB 3.10 billion to RMB 3.90 billion (equivalent to approximately HKD 3.407 billion to HKD 4.286 billion), representing a period-on-period increase of approximately RMB 1.639 billion to RMB 2.439 billion or approximately 112.18% to 166.94% as compared to a net profit attributable to the equity holders of the Company of approximately RMB 1.461 billion (restated) (equivalent to approximately HKD 1.605 billion) for the year ended 31 December 2022.