COSCO Pacific rises in nine months

2007-10-30

COSCO Pacific, container terminal operator, said its net profit growth 10.7 percent in nine months, the mainland's foreign trade reported.

Earnings for the nine months ended September climbed to US$242.5 million (HK$1.89 billion), from US$219 million.

By the end of September, total container throughput amounted to 28.8 million 20-foot containers, up 20.7 percent year-on-year. COSCO's overseas container terminals throughput up 39.1 percent, followed by 28.2 percent in the Bohai Rim, 20.9 percent in the Pearl River Delta facilities (including Hong Kong) and 5 percent in the Yangtze River Delta terminals, HK Standard reported.

Source: GCTL
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