China Int'l Containers net profit down 19.49pc

SHENZHEN's China International Marine Containers (CIMC) core business of container manufacturing saw a steep drop in sales revenue in the first half of the year with net profit down by 19.49 per cent year on year to CNY826 million (US$120.8 million).

Overall operating revenue in the first six months compared to 2008 plunged to 68.7 per cent at CNY9.44 billion (US$1.38 billion), operating profit down by 4.01 per cent to CNY1.15 billion, reported the China Knowledge newsite.

CIMC is the only supplier that can provide the complete range containers including dry van, reefer, tank and various special containers with their own intellectual property rights.

The company is dedicated to manufacturing and supplying containers, trailers, tank equipment and airport equipment with 100 subsidiaries and 47,000 staff all over China, North America, Europe, Asia and Australia as well.

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