\n\tShanghai: SITC International Holdings released its 2012 results yesterday. It achieved revenue of $1.2bn in 2012, up 13.6% year-on-year and net profit reached $93.48m, roughly the same as the $93.55m it achieved in 2011.<\/p>\n
\n\t“During the year 2012, the global shipping industry performance was still lingering at the bottom on the whole despite a slow recovery being underway. The intra-Asia container shipping market still maintained a remarkable growth benefiting from higher economic and trade growth in the PRC and Southeast Asian countries, and remained the world’s largest shipping market,” said Yang Shaopeng, Chairman of SITC<\/p>\n
\n\tIn related news Yang Xianxiang, the company’s ceo, has taken on the additional role of vice chairman. [12\/03\/13]<\/p>\n","protected":false},"excerpt":{"rendered":"
Shanghai: SITC International Holdings released its 2012 results yesterday. It achieved revenue of $1.2bn in 2012, up 13.6% year-on-year and net profit reached $93.48m, roughly the same as the $93.55m it achieved in 2011. “During the year 2012, the global shipping industry performance was still lingering at the bottom on the whole despite a slow …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ml_titleColor":"#000000","_ml_titleFont":"Roboto","_ml_titleFontSize":1.136,"_ml_titleFontWeight":"400","_ml_titleLineHeight":1.3,"_ml_metaColor":"#708090","_ml_metaFont":"Montserrat","_ml_metaFontSize":0.6785,"_ml_metaFontWeight":"400","_ml_metaLineHeight":0.92,"_ml_bodyColor":"#a9a9a9","_ml_bodyFont":"Open Sans","_ml_bodyFontSize":0.85,"_ml_bodyFontWeight":"400","_ml_bodyLineHeight":1.2,"_ml_wooPriceColor":"#666","_ml_wooPriceFont":"Open Sans","_ml_wooPriceFontSize":0.9,"_ml_wooPriceFontWeight":"400","_ml_wooPriceLineHeight":1.27,"_ml_headingColor":"#000","_ml_headingFont":"Merriweather","_ml_headingFontSize":2.02,"_ml_headingFontWeight":"700","_ml_headingLineHeight":1.47,"_mlglobal_userfontcolors":{"headingColorUser":[],"titleColorUser":[],"metaColorUser":[],"bodyColorUser":[],"wooPriceColorUser":[]},"_uag_custom_page_level_css":"","footnotes":""},"categories":[77],"tags":[],"yoast_head":"\n