China International Marine Containers (Group) Co’s first-half net profit rose 10.5 percent from a year earlier, due to a surge in demand for its main dry-bulk container business amid the global economic recovery, reported Dow Jones Newswires.
China International Marine, the world's largest manufacturer of shipping containers by output, said its net profit for the six months ended June 30 was US$134.17 million, up from $121.42 million a year earlier, according to Chinese accounting standards.
Revenue more than doubled to $3.12 billion from $1.38 billion.
The company said it expects net profit for the January-September period to rise 150 to 200 percent from a year earlier, partly because of a low comparison base a year earlier.
China International Marine had a net profit of $114.06 million in the nine months ended September 30.
China International Marine, the world's largest manufacturer of shipping containers by output, said its net profit for the six months ended June 30 was US$134.17 million, up from $121.42 million a year earlier, according to Chinese accounting standards.
Revenue more than doubled to $3.12 billion from $1.38 billion.
The company said it expects net profit for the January-September period to rise 150 to 200 percent from a year earlier, partly because of a low comparison base a year earlier.
China International Marine had a net profit of $114.06 million in the nine months ended September 30.