China International Marine Containers (Group) (CIMC) posted a 63.6 percent fall in third-quarter net profit from a year earlier due to a decline in container prices and orders, reported Dow Jones Newswires.
China International Marine, the world's largest manufacturer of shipping containers by production, said its net profit for the three months ended September 30 was US$80.91 million, down from
$221.87 million a year earlier.
Revenue fell 14.3 percent to $2.28 billion from $2.67 billion.
China International Marine, the world's largest manufacturer of shipping containers by production, said its net profit for the three months ended September 30 was US$80.91 million, down from
$221.87 million a year earlier.
Revenue fell 14.3 percent to $2.28 billion from $2.67 billion.