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Chinese port operator Tianjin Port Development Holdings reported a first half net profit of 18 million USD up by 19% YoY. Revenue rose 8.6% to 79.8 million USD, reported by state media. According to the report, Tianjin Port , which handles both container and bulk cargo, bought a 40% stake in a Tianjin container terminal in July last year. The company became the largest shareholder of Alliance International Container Terminal, which has four berths with a designed capacity of 1.7 million TEUs.