CIMC's Q1 Profit Balloons 550%

MT Newswires Live
04-28

China International Marine Containers or CIMC (SHE:000039, HKG:2039) recorded a 550% rise in attributable profit in the first quarter to 543.8 million yuan from 83.6 million yuan a year prior, a Monday filing with the Hong Kong bourse said.

Earnings per share stood at 0.0971 yuan in the three months, up from 0.0126 yuan in the year-ago period.

The logistics equipment company's revenue rose 11% to 36 billion yuan from 32.4 billion yuan previously.

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