Mar 17, 2011
China Shipping shows strong 2010 profit
China Shipping Development posted a 61.2% jump in net profit for 2010 over the previous year from higher shipment volumes. Net profit rose to RMB1.72bn ($261.76m) last year compared to RMB1.06bn in 2009. Revenue also improved to RMB11.28bn as against RMB8.73bn the previous year.
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Source: Seatrade Asia
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