Shenzhen-listed Zhuhai port group’s profit for the first half of 2015 surged 285% to CNY49.8 million (USD8.02 million) from the loss of CNY27 million for the corresponding period a year ago, stated the company in a performance briefing on 1 August.
The port recorded revenue of CNY993.7 million for the period January-June, showed an increase of 14% from its revenue figure of CNY868 million a year ago, while its earnings per share (EPS) also increased 300% to CNY0.06.
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The company acquired 100% equity in Dongdian Maolin Wind Power Development Company in November 2014, generating CNY64.9 million in revenue, and recorded CNY22.7 million in profit via its Huanggangliang wind farm, stated the port in its filling to the Shenzhen Stock Exchange.
The port handled 32.76 million tonnes cargo in the January-June period, up 3.45% on a year ago. Its container throughput stood at 0.56 million teu, an increase of 9.81% on a year ago.
This post was sourced from IHS Maritime 360: View the original article here.