News Column

Orient Overseas H1 Turns Loss to Profit

August 13, 2014

HONG KONG, August 13, SinoCast -- Orient Overseas (International) Ltd. (SEHK: 0316) revealed profit of USD 181 million in the first half of 2014, when income climbed 7% to USD 3.237 billion and gross profit increased from USD 204 million to USD 317 million. A year earlier, the company still lost USD 15.3 million. Affected by losses in the first half of 2013, its net profit declined 80% in the year. In contrast, performance is better this year.

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Source: Sinocast Transportation Beat (China)

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