Guangzhou: Xiamen Port Group has announced that it achieved revenue of RMB2.995bn in 2012, a growth of 23.77% year-on-year, while net profit reached RMB239m, a growth of 64.84% year-on-year.
Meanwhile, the group announced that it will establish a new joint venture with Zhangzhou Economic Development Co to operate and support its project in the Zhangzhou Taiwanese Investment Zone.
The registered capital of the new joint venture Zhangzhou Longchi Port Development Co is RMB100m, Xiamen Port Group will invest RMB55m to get 55% share of the company. [18/03/13]
