China International Marine Containers' Profit Falls 62% in Q1
MT Newswires Live
Apr 29
China International Marine Containers (HKG:2039, SHE:000039) posted attributable net profit of 209 million yuan for the first quarter, down 62% from 543.8 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.
Hong Kong-listed shares of the shipping equipment provider were up over 4% in Wednesday midday trade.
Earnings per share declined to 0.0353 yuan from 0.0971 yuan a year earlier.
Revenue fell 9.3% to 32.7 billion yuan from 36.0 billion yuan in the prior-year period.
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