Marine Link
Thursday, April 18, 2024

China Shipbuilder’s Profit Rises

Maritime Activity Reports, Inc.

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)

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week