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Tianjin Port's H1 profit up 5.23% YoY

Aug. 16, 2012 (China Knowledge) - Tianjin Port Co Ltd<600717>, a China-based port operator, has announced its net profit attributable to shareholders to rise 5.23% YoY to RMB 536.19 million in the first half of this year.

Basic earnings per share for the period were RMB 0.32, more than RMB 0.3 it realized in the same period of last year.

In a statement filed with Shanghai Stocked Exchange, the port operator sees its operation revenue hit RMB 5.98 billion during the six-month period, up 2.11% from a year earlier.

From January to June, Tianjin Port handled 147.07 million metric tons of cargo, 9.11% more than a year earlier, while the company's container throughput climbed 4.46% YoY to 2.93 million twenty-foot equivalent units (TEU) during the period.

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