CHINA Shipping Container Lines widened its first
quarter year-on-year loss tenfold to CNY1.5 billion (US$229 million), compared
with the CNY146.1 million the country's second biggest carrier lost last
year.
First quarter revenue fell 1.1 per cent to CNY6.4 billion year on
year while operating costs increased 15 per cent to CYN7.7 billion, the company
revealed in a statement to the Hong Kong stock exchange.
WORLD SHIPPING
01 May 2012 - 08:04
China Shipping widens quarterly loss tenfold to US$229 million
CHINA Shipping Container Lines widened its first quarter year-on-year loss tenfold to CNY1.5 billion (US$229 million), compared with the CNY146.1 million the country's second biggest carrier lost last year.
WORLD SHIPPING
01 May 2012 - 08:04
This news 5982 hits received.
These news may also interest you