China Shipping Development H1 profit surges 60pct

Mohan Sharma — Thu, 19 Aug 2010 05:09:02 +0000

Bloomberg reported that China Shipping Development Co the dry bulk arm of the nation’s second-biggest shipping group first half profit rose 60% as rates for transporting iron ore, coal and grains increased.

The company said in a filing to Hong Kong stock exchange net income rose to

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China Shipping Development H1 profit surges 60pct