CIMC profits fall 63pc to US$226 million but sales up 22pc

Capt. John

THE world’s biggest container maker, China International Marine Containers (CIMC), posted a 63 per cent decline in first half operating profit year on year to CNY1.64 billion (US$226 million), drawn on revenues of CNY10.7 billion, up 22 per cent. CIMC’s main business activity is the manufacture of containers, which contributed nearly 23 per cent of revenue for the period, and nearly 30 per cent of the gross profit. In a statement along with the filing, CIMC’s management said its energy and...

https://www.seanews.com.tr/cimc-profits-fall-63pc-to-us-226-million-but-sales-up-22pc/198260/

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