China Merchants’ first half profit rises 27%
China Merchants Holdings (International) Co. Ltd., the largest container terminal operator in Mainland China, reported first half 2007 profit of HK$1.72 billion ($220 million), up 27 percent against HK$1.35 billion a year ago.
Revenue for the six months jumped 69 percent to HK$2.86 billion ($367 million).
At present, the group's terminals portfolio pans out to cover most of China’s major coastal hub locations with throughput up approximately 20 percent to 22.16 million TEUs.
China Merchants’ first half profit rises 27%