Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Financial Market
 Search News  Or
China Shipping Development posts RMB 495 mln loss for H1

Aug. 22, 2012 (China Knowledge) - China Shipping Development Co Ltd<600026><1138>, the largest carrier of crude oil in mainland China, has announced yesterday that it booked a loss of RMB 495 million in the first half of this year, whereas it earned RMB 684-million profit in the same period of last year.

Losses per share were nearly RMB 0.15 during the period, according to the company's interim report.

The firm said that that loss was a result of sustained downturn in the global shipping market.

China Shipping Development saw its operating revenue fall 8.61% YoY to RMB 5.67 billion in the first six months.

The shipping volume of the company rose 12.9% YoY to 186.2 billion tonne-nautical miles in H1.







Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

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

 E-Store

 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