Subscribe to RSS feedChinese pair forecast profit rise
by
Hui Ching-hoo, Hong Kong
—
last modified
Aug 05, 2010 09:43 AM
TWO KEY units of China Shipping Group are forecasting vast improvements in their financial performances for the first half of this year.
Hong Kong-listed dry bulk operator China Shipping Development (CSD) predicted a more than 50% increase in net profits for the first half this year, while China Shipping Container Lines forecast a swing into profit from the losses of Yuan3.4bn (US$500m)...
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