Shanghai port got more profit
October 17th, 2008
Shanghai International Port (Group) Co, who operates the world’s second-busiest container harbor, said profit rose 23 percent last year as China’s trade growth boosted demand for sea transportation.
Net income rises to 3.64 billion yuan, or 0.17 yuan a share, from 2.97 billion yuan, or 0.14 yuan, a year earlier, announced by the company in a Shanghai Stock Exchange statement yesterday. Sales climbed to 16.3 billion yuan, up 27 percent.
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