China Merchants Holdings sees profits rise 7.4pc in 2006
China Merchants Holdings (International) announced an audited consolidated group profit attributable to shareholders for the 2006 calendar year of HK$2.54 billion (US$325.1 million), an increase of 7.4 per cent over the previous year.
Turnover for 2006 rose 46.9 per cent to $4.37 billion, up from $2.97 billion in 2005.
Within this total, the group's core port operations, including container manufacturing and box yard management services contributed $1.91 billion to turnover for this period, up from $1.07 billion the previous year, representing an increase of 79.9 per cent year on year.
Container throughput handled by the group's ports in 2006 surged 46 per cent over 2005 to 40.24 million TEU.
Within this total the group's ports in mainland China handled 33.5 million TEU, up 85 per cent year on year. Its ports in Hong Kong handled 6.74 million TEU, up six per cent over the previous year.
Turnover for 2006 rose 46.9 per cent to $4.37 billion, up from $2.97 billion in 2005.
Within this total, the group's core port operations, including container manufacturing and box yard management services contributed $1.91 billion to turnover for this period, up from $1.07 billion the previous year, representing an increase of 79.9 per cent year on year.
Container throughput handled by the group's ports in 2006 surged 46 per cent over 2005 to 40.24 million TEU.
Within this total the group's ports in mainland China handled 33.5 million TEU, up 85 per cent year on year. Its ports in Hong Kong handled 6.74 million TEU, up six per cent over the previous year.