Shanghai International Port Group Sees 13% Profit Growth in 2024

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Shanghai International Port Group (SIPG) showed a revenue of RMB38.12 billion for 2024, marking a 1.5% increase year-on-year, and a net profit of RMB14.95 billion, up 13.3% from the previous year, reports Port News.

Shanghai International Port Group profit up 13% in 2024

The Port of Shanghai handled 51.51 million twenty-foot equivalent units (TEUs) in 2024, representing a 4.8% increase from 2023, and maintaining its position as the world’s busiest container port for the 15th consecutive year....

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