Watch Now

China Merchants Ports Holdings

FreightWaves Staff Tuesday, April 2, 2019

Huge jump in China Merchants Port Holdings’ revenues and profits

Ports, logistics and finance conglomerate China Merchants Port Holdings announced a massive jump in operating revenues and a rise in profits for the year ended December 31, 2018. Hong Kong Stock Exchange-listed China Merchants, which operates box and bulk ports primarily in China but also around the world, reported revenues of HK$10.16 billion (US$1.29 billion). That’s a 16.9 percent increase on the previous calendar year’s figure of HK$8.7 billion.

Read More »