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Home›News›China Shipping Dev’t reports 80% decline in 2009 net profit
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March 30, 2010 · about 16 years ago

China Shipping Dev’t reports 80% decline in 2009 net profit

China Shipping Development Co Ltd, the dry bulk and tanker arm of China Shipping (Group) Co, announced Sunday that its net profit for 2009 plunged 80% to RMB 1.06 billion from RMB 5.37 billion in 2008.

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China Shipping Development Co Ltd, the dry bulk and tanker arm of China Shipping (Group) Co, announced Sunday that its net profit for 2009 plunged 80% to RMB 1.06 billion from RMB 5.37 billion in 2008.

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