CIMC revenue surges in first half
By Zhong Nan and Ren Xiaojin | China Daily | Updated: 2017-08-30 08:43
China International Marine Containers (Group) Ltd, the country's largest transportation equipment producer by revenue, enjoyed net profit of 800 million yuan ($121.31 million) in the first half of this year, thanks to the rebound of the global container markets.
The group's revenue surged 41.81 percent year-on-year in the first half, totaling 33.4 billion yuan, according to its fiscal report on the January-June period, released on Monday night.
The report said two businesses of CIMC - containers and heavy trucks - have become the pillar of the group's six-month performance. They secured 105 percent and 38 percent growth, respectively, year-on-year.
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