Shanghai International Port, the largest port operator in China has announced the first-quarter net income rose by 39% to 1.02 billion yuan vs 733.9m yuan in Q1,2009, Chinaknowledge reports.
The SIP’s Q1 revenues gained 18% to 4.35 billion yuan.
Container trade increased by 15.5%, as the volumes of dry bulk cargo grew by 52.3%.
Last year, Shanghai International Port posted a year-over-year 18.6% drop in net gain, at 3.76 billion yuan, container counts shrank by 10.7% to 25 million TEUs, total freight traffics fell 1.1% to 365 million tones.
The SIP’s Q1 revenues gained 18% to 4.35 billion yuan.
Container trade increased by 15.5%, as the volumes of dry bulk cargo grew by 52.3%.
Last year, Shanghai International Port posted a year-over-year 18.6% drop in net gain, at 3.76 billion yuan, container counts shrank by 10.7% to 25 million TEUs, total freight traffics fell 1.1% to 365 million tones.