Independent journal on economy and transport policy
20:19 GMT+1
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Shipping lowers Lines Container is returned to the profit
In the first trimester the 2014 profit attributable to the shareholders is piled to 87,4 million yuan
April 29, 2014
After four archived item consecutive trimesters in loss the shipowning company Lowers Shipping Container Lines (CSCL) has closed the first trimester of 2014 with an economic result clearly of positive sign: the profit attributable to the shareholders of the Chinese company is piled to 87,4 million yuan (14 million dollars) respect to a loss of -716,5 million yuan in the first trimester of 2013. The revenues have grown of +5.7% attesting itself to 8,56 billion yuan regarding 8,10 billion yuan in the first three months last year. The operating result has been of sign negative for -46,3 million yuan respect to operating liabilities of -706,2 million yuan in the period January-March of 2013.
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