China Shipbuilder’s Profit Rises

Friday, April 15, 2011

According to a report from CRIEnglish.com, on April 15, China State Shipbuilding Corporation (CSSC), the country's largest shipbuilder, posted a 4.32% year-on-year increase in net profit in 2010 on robust growth in revenues. The profit growth was achieved after the company scored 18.3% annual growth in revenues to 29.86 billion by building 56 ships, producing 113 diesel engines and repairing 223 ships.

 
(Source: CRIEnglish.com)
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