China Business News: Tianjin Port Dev't suffers 45.8% decline in net profit in 2008

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Tianjin Port Dev't suffers 45.8% decline in net profit in 2008

Apr. 27, 2009 (China Knowledge) - Tianjin Port Development Holdings Ltd<3382> announced that its net profit declined 45.8% from the previous year to RMB 130 million. The company's turnover was RMB 1.26 billion in 2008, reflecting a year-on-year increase of 5.46%. Last year, Tianjin Port Alliance International Container Terminal Co Ltd, partly held by Tianjin Port Development, handled 1.6

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