Dalian Port (PDA) Co Ltd , one of China's fastest growing port operators, said on Thursday it has seen improvement in its operations in recent months, as the global economy starts to recover.
The company's total port handling throughput rose 12 percent in the year to August, after beginning 2009 with an anemic 5 percent decline for the month of January at the height of the global downturn, Chairman Sun Hong told Reuters.
The company is cutting investment in containers but increasing it in iron ore and oil handling infrastructure, Sun added, in an interview at the World Economic Forum in the northeastern Chinese city of Dalian.
The company recorded a substantial decrease in first-half net profit as its container segment was hit by the global economic downturn.
The company's total port handling throughput rose 12 percent in the year to August, after beginning 2009 with an anemic 5 percent decline for the month of January at the height of the global downturn, Chairman Sun Hong told Reuters.
The company is cutting investment in containers but increasing it in iron ore and oil handling infrastructure, Sun added, in an interview at the World Economic Forum in the northeastern Chinese city of Dalian.
The company recorded a substantial decrease in first-half net profit as its container segment was hit by the global economic downturn.