Shanghai International Port reports a 14 percent rise in H1 profit to US$145 million
Shanghai International Port, China's biggest port operator by throughput, posted a 14 percent rise in first-quarter profit to US$145 million compared with $127.8 million thanks to a robust growth in cargo throughput.
Revenue was up 23 percent year-on-year to $603.5 million. The port’s container throughput hit 6.61 million TEUs, up 12.2 percent year-on-year, while cargo throughput in the period saw a 4.8 percent increase to 89.5 million tonnes.
Revenue was up 23 percent year-on-year to $603.5 million. The port’s container throughput hit 6.61 million TEUs, up 12.2 percent year-on-year, while cargo throughput in the period saw a 4.8 percent increase to 89.5 million tonnes.