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Sunday, October 23, 2016

China Shipbuilding Profit Jumps

May 2, 2011

According to a report from Ebeling Heffernan, China Shipbuilding Industry Co. (CSIC), the country’s northern shipbuilding giant, said its net profit last year rose 7.28% to about $246b. Due to a recovery in the Global shipbuilding market and a rise in orders, shipbuilding business has increased business 38.17% from the same period last year, it said.

(SourceL Ebeling Heffernan)

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