Home  Contact Us
  Follow Us On:
 
Search:
Advertising Advertising Free Newsletter Free E-Newsletter
NEWS

Tianjin Port's net profit down 31.65% in 2009
Published on: 2010-04-09
Share to
User Rating: / 0
PoorBest 


alt
 

Apr. 9, 2010 (China Knowledge) - Tianjin Port Co Ltd, a China-based port operator, announced Wednesday that its net profit for last year plunged 31.65% year on year to RMB 643 million due to a decline in dry bulk throughput and a lower gross profit margin.


Earnings per share were RMB 0.38, down 33.33% year on year, according to the firm's annual report.


The company's operating revenue last year fell 13.22% year on year to RMB 9.78 billion.


Tianjin Port's dry bulk throughput dropped 5% from the previous year to 196 million tons in 2009, while its container throughput grew 8.66% to 4.47 million twenty-foot equivalent units.


The company predicted that its dry bulk throughput will grow 3% and its container throughput will grow 10% this year as the global economy continues to recover.

Comments (0)Add Comment

Write comment

security code
Write the displayed characters


busy
    Subscription    |     Advertising    |     Contact Us    |
Address: Magnetic Plaza, Building A4, 6th Floor, Binshui Xi Dao.
Nankai District. 300381 TIANJIN. PR CHINA
Tel: +86 22 23917700
E-mail: webmaster@businesstianjin.com
Copyright 2020 BusinessTianjin.com. All rights reserved.