Dalian Port interim profits drops 11.1%

Dalian: Dalian Port Group has announced its 2012 interim result yesterday; while the group’s revenue has seen growth of 19.5% to RMB2.048bn, profit has suffered a decline of 11.1% to RMB338m.

The port expects throughput to see steady growth in the second half of this year. Development plans for the second half of the year include the public terminal and storage project on Changxing Island, and an ore terminal to start operation in October. In addition, four 7200 horsepower tugboats that were ordered last year will be put into operation by the end of 2012 and the first half of 2013.[31/08/12]

 

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