China Shipping Container Lines Company Limited (CSCL) on Thursday posted a loss of 6.49 billion yuan (950.31 million U.S. dollars) in 2009, down from a net profit of 134.69 million yuan in 2008. Revenues fell to 19.94 billion yuan from 2008’s 35.25 billion yuan, a year-on-year decline of 43.4 percent, said the company in a statement filed with the Shanghai Stock Exchange.
Green Marine
about 16 years ago
China Shipping Container Lines posts sharp profit fall in 2009
China Shipping Container Lines Company Limited (CSCL) on Thursday posted a loss of 6.49 billion yuan (950.31 million U.S. dollars) in 2009, down from a net profit of 134.69 million yuan in 2008. Revenues fell to 19.94 billion yuan from 2008’s 35.25 billion yuan, a year-on-year decline of 43.4 percen
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