Independent journal on economy and transport policy
08:26 GMT+2
China Shipping looks to land cargo transport
(South China Morning Post)
August 31, 2000
Winston Yau
China Shipping Development has taken a small stake in a 100 million yuan (about HK$93.69 million) logistics company recently formed by its parent and other state-owned shipping companies.
News of the stake came as the company posted 50.71 per cent growth in net profit to 111.49 million yuan for the first half.
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