Higher profit
By Ding Yining |
January 11, 2011, Tuesday
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Print Edition
Print Edition
SHANGHAI International Port (Group) Co yesterday said profit jumped 44 percent from a year ago to 5.4 billion yuan (US$814 million) in 2010 as sea transport picked up with the recovery of global trade.
Operation income rose 14.6 percent to 18.97 billion yuan, the company said in a statement to the Shanghai Stock Exchange.
The port operator handled 29.07 million TEUs (20-foot equivalent units) in 2010, a 16.3 percent increase from a year earlier and dry bulk good throughput gained 17.3 percent to 428 million tons.
Operation income rose 14.6 percent to 18.97 billion yuan, the company said in a statement to the Shanghai Stock Exchange.
The port operator handled 29.07 million TEUs (20-foot equivalent units) in 2010, a 16.3 percent increase from a year earlier and dry bulk good throughput gained 17.3 percent to 428 million tons.
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