News Column

China CSSC H1 Net Up 143% to CNY120mn

September 1, 2014

SHANGHAI, September 1, SinoCast -- China CSSC Holdings (SHSE: 600150) had operating revenue of about CNY 13.82 billion in the first half of 2014, up 26.52% year on year. Net profit attributable to shareholders rose 143.01% to CNY 120 million, with basic EPS of CNY 0.087.

It undertook new ship orders of 36 units, with total DWT of about 5.74 million tons, up 11%. Value of new repair orders rose 21.21% to CNY 885 million. Diesel engines undertook was 139 units, with total output of about 3.31 million PS, up 82.55%. Value of marine engineering and mechanical & electrical equipment orders each was about CNY 2.5 billion and CNY 1.39 billion.

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Source: Sinocast Transportation Beat (China)

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