Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

 Search News  Or
CIMC forecasts 60% drop in Q1 net profit

Apr. 13, 2012 (China Knowledge) – China International Marine Containers (Group) Co Ltd <000039> <200039>, the world's largest shipping container maker, announced yesterday that its net profit to plunge about 60% to 80% year on year in the first quarter of this year.

The container maker saw its net profit for the first quarter of this year to reach between RMB 271.65 million and RMB 543.3 million, and earnings per share were RMB 0.1 to RMB 0.2 for the period.

The company said the significant decrease in net profit in the first quarter was due to a weak demand.

In 2011, CIMC reported RMB 3.69 billion in net profit, up 22.96% year on year, and sales revenue for last year at RMB 64.12 billion, 23.87% more than it realized in 2010, source reported.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved